Ford Sollers Company launched a new engine production in Yelabuga, investment in which was more than $275 million. As it was noted, the company is the first such project of the foreign car brand in Russia. The plant began the production of gasoline engine with a capacity of 1.6 liters Duratec, whic... Read more

Reputable German investors are planning to soon start construction of two plants for car components in Moldova. Told CEO of the Free Economic Zone (FEZ) Balti, Chairman of the Association Patronage processing industry Marin Ciobanu said the plants to be built in Cahul (30 thousand sq. m) and Lewisv... Read more

Mladá Boleslav, Kvasiny and Vrchlabí are again running at full capacity after a two- to three-week break for optimisation and expansion. Amid a range of adaptations, the main focus was the planned production conversion at Kvasiny. In order to accommodate a production increase at Kvasi... Read more

The head of VAAID concerned that the new tax was not discussed with any association, either with 18 other business associations. None of the 18 heads of business associations interviewed by VAAID CEO Oleg Nazarenko were invited to discuss recent tax initiatives of Ministry of Finances of... Read more

Japanese automakers have expressed interest in the Iranian market. Nissan Motors Company started negotiations on car producation in local factories. Nissan Motors is negotiating with suppliers of components about the possibility of production.  Masoumeh Ebtekar, a Vice President of Iran and he... Read more