EconomyAvtodom expects to sign an agreement to buy Mercedes...

Avtodom expects to sign an agreement to buy Mercedes within a month


- Advertisement -
Cars of the German manufacturer Mercedes-Benz at a car dealership in the Moscow region. archive photo

Avtodom expects to sign an agreement to buy Mercedes within a month

- Advertisement -

MOSCOW, December 12 – RIA Novosti. “Avtodom” expects to complete the agreement to purchase the Mercedes-Benz plant in the Moscow region within a month, production can be resumed in 8-9 months after agreeing on a new brand for which cars will be produced. Andrey Olkhovsky, the general manager of the seller, told RIA Novosti.

German automaker Mercedes-Benz announced its intention to leave the Russian car market at the end of October by selling shares in its subsidiaries, including a factory in the Moscow region, to Avtodom. The dealer, on the other hand, said that the brand plans to do everything possible to maintain its after-sales service in the Russian Federation.

- Advertisement -

“Conclusion of the deal largely depends on the pace of work of government agencies – all the necessary documents were submitted by us. We plan to close the deal in a month, excluding the New Year holidays.” Olkhovsky commented on the closing of the deal to buy the Mercedes factory.

“Restoration of production is a step-by-step process – as soon as we choose a particular brand, we can immediately create a roadmap for the factory opening. On average, the factory launch takes place after agreement on the brand. It takes 8-9 months. But there are also faster projects, if there is enough willpower and if there is opportunity”, – he clarified by answering a question about restarting production.

- Advertisement -

Avtodom plans to establish automobile production at the enterprise, the plant is a very narrowly focused enterprise in terms of production features – it is technically unlikely to produce anything else above it, the top manager stated.

“Moreover, in our opinion, the automotive industry in the Russian Federation is not in a position to change the nature of production. Of course, the main and most frequently asked question is localization. That cannot be solved at the moment, but we want to move around and produce components for vehicle assembly. Studies are also being carried out in this context,” he said. .

As Deputy Prime Minister Denis Manturov, head of the Ministry of Industry and Trade of the Russian Federation, has already noted, a new technological partner for establishing production at the Mercedes plant can be determined before the end of the year.

Source: Ria

- Advertisement -
I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.


Please enter your comment!
Please enter your name here

Latest news

Vienna Ambassador does not expect dialogue with the USA on START in the near future

Archive photo of Mikhail Ulyanov, Permanent Representative of the Russian Federation to International Organizations, in...

The bone was sticking out of the leg. Worst injury in basketball history

Quarterback Kevin Ware was down after a bad block shot and thought he had sprained his ankle. It's...

The Foreign Ministry commented on Western attempts to interfere with Russia’s diamond exports.

Diamond sorting center in Yakutia. archive photo Birichevsky: Russia's attempts to block diamond exports go against industry interestsMOSCOW, March...

The Ministry of Foreign Affairs called the conditions for the restoration of damage in the “North Streams”

The location of a leak in the Nord Stream gas pipeline. archive photoState Department head: Nord Streams can...

Buchnevich’s goal and assist, St. Didn’t save Louis from defeat in the NHL game

Buchnevich's goal and assist, St. It didn't save Louis from defeat in the Los Angeles game.MOSCOW, March 27...

Must read

The bone was sticking out of the leg. Worst injury in basketball history

Quarterback Kevin Ware was down after a bad block...
- Advertisement -spot_img

You might also likeRELATED
Recommended to you