Renault saves Avtovaz

Lada will be supported by Renault

In brief: Putin has annouced Russia’s plans together with Renault directed to starting assembling Nissan cars on Russian territory

Prime Minister of Russia Vladimir Putin visited Paris where signed agreement with Renault carmaker about support of Russian car producer Avtovaz.

This deal’s cost is €240 million. According to it Russia also increases support for Avtovaz from 25 billion roubles to 75 billion roubles.

BBC informs that Vladimir Putin has annouced Russia’s plans together with Renault directed to starting assembling Nissan cars on Russian territory. Renault is ready to provide Russian carmaker with necessary tools, equipment and technology.

Ukranian Globalist
2009-12-02 10:06, Society.

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