Renault-Nissan to Open in Far East

By The Moscow Times

Nov. 10, 2010

The Renault-Nissan alliance is considering constructing a vehicle-assembly factory in Russia, Sergei Darkin, governor of the Primorye region, said Wednesday.

“Renault-Nissan has expressed an interest in looking into the possibility of building a new car assembly plant,” Darkin said. “We are in talks; I think they will be successful.”

Oksana Nazarova, a Renault spokeswoman in Moscow, confirmed that the company is studying a possibility of opening a plant in the Primorye region.

Renault and its Japanese affiliate Nissan Motor may double their holding of AvtoVAZ to 50 percent after Prime Minister Vladimir Putin gave the deal his blessing, Renault chief executive Carlos Ghosn said Nov. 2. Renault, Nissan and AvtoVAZ aim for a combined market share of 40 percent of the Russian market by 2015, or 1.6 million vehicles annually, he said.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue