`Japansky` to be on the road by 2009
Published: 25 October, 2007, 07:47
Japan's largest auto-manufacturer, Nissan Motors, is planning to start producing cars at its assembly plant in St. Petersburg by the beginning of 2009.
The plant will produce up to 50,000 cars a year, including two models, the Teana and the Nissan X-Trail .
It will require investment of $US 200 million and will create close to 750 jobs.
Car parts will initially be imported, but will later be purchased inside Russia to lower the price.
Nissan currently ranks fifth in terms of sales in Russia.
25.10.2007, 01:11
Food industry freezes prices on basic itemsSeveral supermarkets and food producers in Russia have agreed to a three-month price freeze on staples like bread, milk, eggs and cooking oil in an effort to tackle the country's spiralling inflation problem. |
25.10.2007, 08:04
Beer wars to come to a head in RussiaBaltic Beverage Holding, which produces the famous Baltika range of beers, could become a battleground in the takeover war between co-owners Scottish & Newcastle and Carlsberg. |
