Great Wall Motor to Invest CNY3.33 Billion for Production Facility in Russia
16 Setembro 2015 - 6:54AM
Dow Jones News
By Joanne Chiu
Great Wall Motor Co. (2333.HK) said Wednesday it plans to invest
3.33 billion yuan ($523 million) to set up a production facility in
Russia as the Chinese car maker looks to boost sales overseas.
Great Wall Motor said it has set up a wholly-owned unit Haval
Motor Manufacturing Rus Ltd. in Russia's industrial city of Tula.
In May, it signed an agreement with the local Russian government
and Tula Oblast Public-Private Partnership Development Group on the
proposed investment.
Haval Motor will be responsible for the manufacturing and sale
of cars and car parts with an annual production capacity of 150,000
cars, it said.
Write to Joanne Chiu at joanne.chiu@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 16, 2015 05:39 ET (09:39 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
China Evergrande (PK) (USOTC:EGRNF)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
China Evergrande (PK) (USOTC:EGRNF)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre China Evergrande Group (PK) da OTCMarkets bolsa de valores: 0 artigos recentes
Mais Notícias de Evergrande Real Estate Group (GM)