Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
Russia, Turkey report 14 ceasefire breaches in Syria per dayWorld January 18, 19:17
Analyst believes removal of sanctions can be political bargaining chip with RussiaRussian Politics & Diplomacy January 18, 18:45
Arctic Forum’s task is to change perception of region as source of raw material — officialBusiness & Economy January 18, 18:28
OPEC revises Russia’s oil production outlook downward by 110,000 bpd in 2017Business & Economy January 18, 18:20
OSCE says preparations for talks on Transnistria to begin in near futureWorld January 18, 18:15
About 1,500 officials may attend Arctic ForumBusiness & Economy January 18, 17:38
MOSCOW, July 26 (Itar-Tass) — The Russian Federal Antimonopoly Service has allowed Sollers automobile company to buy a 50-percent stake of Mazda Motor Manufacturing Rus, its report said on Wednesday.
In April 2012 Sollers and Mazda Motor Corp. (Japan) agreed to set up on a parity basis a joint enterprise for the production of vehicles. Under the plans of the sides, production will be launched in Vladivostok before the end of this year.
The plant will produce Mazda CX-5 crossovers and Mazda 6 sedans, as well as car models of Sollers for their further sales on the Russian market. Initially it will produce 50,000 vehicles a year, and then the number of manufactured cars will grow to 70,000.
Sollers brings together Sollers-Naberezhnye Chelny, the Ulyanovsk Automobile Plant, the Zavolzhye Motor Plant and Sollers-Far East. It produces UAZ vehicles, as well as Isuzu and SsangYong car models. In autumn 2011, Sollers and Ford (United States) launched a joint venture.
The main shareholder of Sollers is its Director General Vadim Shvetsov.