New production unit to appear in Alabuga

7 June 2008, Saturday

"Tatarstan is becoming an integral part of the globalizing world. It is important that in this process the republic is equally competing with other big market participants," Tatarstan President Mintimer Shaimiev commented on signing the agreement on creation of the joint venture of Sollers (the new name of Severstal-Auto) and the Italian automobile giant Fiat Group. The signing ceremony took place on June 7 as part of the St. Petersburg Economic Forum.

 

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