OAO SOLLERS and FIAT Group have signed a memorandum on launching a JV to make passenger and off-road vehicles

11 February 2010, Thursday

February 11, Russian Prime Minister Vladimir Putin visited OAO SOLLERS-Naberezhnye Chelny where he was accompnied by RF Industry and Trade Minister Viktor Khristenko, Plenipotentiary Envoy of the RF President in the Volga Federal District Grigory Rapota, Tatarstan President Mintimer Shaimiev, Chairman of the State Corporation Vnesheconombank Vladimir Dmitriev and JSC VTB Bank President and Chairman of the Management Board Andrei Kostin.

Vladimir Putin attended and exhibition of FIAT cars manufactured by OAO SOLLERS-Naberezhnye Chelny.

The talk of the Russian Prime Minister and the management of OAO SOLLERS and FIAT Group and the presentation of the joint project were followed signing the memorandum between OAO SOLLERS and FIAT Groups on setting up the joint venture on manufacture of passenger and off-road vehicles in the Russian Federation.

February 11, 2010.

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