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Daimler Plans to Invest €250 Million for New Passenger Car Plant in Russia

Daimler Plans to Invest €250 Million for New Passenger Car Plant in Russia

Introduction:

Daimler plans to establish its first passenger car production facility in Russia with an investment of more than 250 million Euros.

Features:

The new passenger car plant in the Moscow region will comprise all production steps, from the body show through paint shop to assembly. More than 1,000 jobs will be created at the site and further jobs at local service providers and suppliers. The plant is part of the industrial park of Episovo.

Start of production is planned for the year 2019.

Russia is of strategic importance for Mercedes-Benz and an attractive growth market. That is why we expand our worldwide production network with a new plant at Esipovo Industrial Park, says Markus Schäfer, Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain Management. "By establishing a local production we do not only achieve greater proximity to our Russian costumers but also strengthen the international competitiveness of Mercedes-Benz Cars."

Production at the new site is operated by the newly founded company Mercedes-Benz Manufacturing RUS (MBMR). In addition to Daimler AG, the joint venture Daimler Kamaz RUS (DK RUS) is also involved in MBMR.

Specifications:

Company Name Daimler
Location Russia
Type New Passenger Car Plant
Estimated Cost €250 Million

 

Source: media.daimler.com

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