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Russia’s VEB to Grant RUB39 Billion Loan to Ford-Sollers JV

04/26/2011 - 10:59
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Russia’s VEB to Grant RUB39 Billion Loan to Ford-Sollers JV

Russia's state-owned Vnesheconombank will open a RUB39 billion credit line for a joint venture between Ford and local car maker Sollers.

Delay in Supplies Halts Production at Nissan’s St. Petersburg Facility

04/26/2011 - 00:00
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Delay in Supplies Halts Production at Nissan’s St. Petersburg Facility

Production at Nissan's St. Peterburg plant will be halted between May 30 and June 3.

Jopp to Acquire Haas-Group

04/21/2011 - 14:15
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Jopp to Acquire Haas-Group

Jopp Group is to take over German supplier Haas GmbH as of June 1st.

Romania to support alternative energy vehicles

04/21/2011 - 12:00
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Romania to support alternative energy vehicles

Romanian government accepts new subsidy program as part of the car scrapping scheme

Severstal to Build New Flat-Rolled Metal Service Center in Vsevolozhsk

04/21/2011 - 11:03
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Severstal to Build New Flat-Rolled Metal Service Center in Vsevolozhsk

Russia’s largest steel company Severstal is to invest over RUB1 billion in a new metal service center in Vsevolozhsk, Leningrad region.

Yo Mobile enlists German suppliers

04/21/2011 - 10:00
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Yo Mobile enlists German suppliers

New Russian hyrid car project signs two German suppliers

Audi Breaks Ground on New Engine Research Center in Hungary

04/20/2011 - 15:19
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Audi Breaks Ground on New Engine Research Center in Hungary

Audi Hungaria Motor broke ground on a new building complex for its Engine Research Center in Győr yesterday.

Johnson Controls May Set Up New Seating Plant in Togliatti

04/20/2011 - 13:57
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Johnson Controls May Set Up New Seating Plant in Togliatti

Johnson Controls is considering setting up a manufacturing plant in Russia’s Togliatti SEZ for the production of seating systems.

Iskra Avtoelektrika announces 2010 results

04/20/2011 - 10:00
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Iskra Avtoelektrika announces 2010 results

Slovenian supplier increased turnover by 57 per cent, sales revenues by 33 per cent

Car sales are down, while production is up in Romania

04/19/2011 - 17:00
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Car sales are down, while production is up in Romania

Car sales in Romania fell by 17.7 percent in the first three months of this year, while production is up by 6.9 per cent