Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
Putin, Abe call for quickest restart of talks on Korean settlementRussian Politics & Diplomacy April 27, 18:32
Russian diplomat accuses White Helmets of supporting terrorismRussian Politics & Diplomacy April 27, 17:54
Putin's spokesman warns against attempts to hold unauthorized rallies in MoscowRussian Politics & Diplomacy April 27, 16:43
Russian Foreign Ministry says situation on Korean Peninsula is degradingRussian Politics & Diplomacy April 27, 16:42
Moscow outraged by Macron team’s refusal to give accreditation to Russian mediaRussian Politics & Diplomacy April 27, 16:41
Moscow condemns Israeli airstrike near Damascus airportRussian Politics & Diplomacy April 27, 16:30
Kremlin believes political resolve will eventually produce Russia-Japan peace dealRussian Politics & Diplomacy April 27, 16:21
Kremlin rejects reports of St. Petersburg iconic cathedral transfer approved by presidentRussian Politics & Diplomacy April 27, 16:15
MUNICH, March 21. /TASS/. BMW plans to make a decision on construction of a plant in Russia’s Kaliningrad over the year, Board of Management Member for Production Oliver Zipse told reporters on Tuesday.
"We wanted to invest ourselves and create our own production facility but the market situation changed then and sanction complications were in place. This period has already passed; the economy is stabilizing now. We will decide on further action in coming 12 months," Zipse said.
The company believes in the Russian market and considers that Kaliningrad is a suitable place for its production facility, he added.
BMW cars are produced on a contracted basis at Kaliningrad’s Avtotor production facilities since 1999. The German automaker planned to build a full-cycle plant but postponed the decision for an indefinite term in 2015 because of the recession in Russia.