UN mission in Ukraine has no powers to assess situation in Crimea, diplomats noteWorld September 25, 21:11
Gentlefan continues: Manchester United fans to get raincoats ahead of encounter with CSKASport September 25, 20:30
US-led coalition denies charges of US units leading Syrian 'opposition' through IS linesWorld September 25, 18:49
Supplies of S-400 systems to Turkey may begin within two yearsMilitary & Defense September 25, 18:14
Ukraine involved in illegal arms deliveries to South Sudan — Amnesty InternationalWorld September 25, 18:01
Russian general's death in Syria result of US double-dealing in war on terror — diplomatRussian Politics & Diplomacy September 25, 17:42
Russia's top diplomat says conditions in Syria ripe for defeating terroristsRussian Politics & Diplomacy September 25, 17:07
Russian envoy notes US actions in Syria as Washington's true colors on anti-terror policyRussian Politics & Diplomacy September 25, 17:00
Economy minister believes new technologies will drive Russia’s economyBusiness & Economy September 25, 16:50
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.