Nizhny Novgorod foundry Sollers filed a lawsuit against Hyundai for 178 million rubles

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The Nizhny Novgorod foundry Rosalit, owned by the Russian automobile company Sollers, is located in St. filed a lawsuit against the St. Petersburg Hyundai plant in the amount of 178 million rubles, reports Telegram channel Unlimited.

Rosalit is trying to cover the costs of Hyundai Motor Manufacturing RUS LLC under the previously signed cooperation agreement. It was assumed that it would master the production of cylinder block parts for 2.0-liter Hyundai engines of the NU family, intended for installation on Hyundai and Kia cars.

Rosalit’s investments in the project were planned at 408.4 million rubles, of which 323 million rubles were a concessional loan from the Industrial Development Fund (IDF).

Within the scope of the cooperation with Hyundai, it was planned to purchase a casting machine with a smart mold adjustment system and other equipment. Rosalit’s St. The defendant in the lawsuit filed against the St. Petersburg Hyundai plant is Hyundai Via LLC, which owns the Russian Hyundai engine plant.

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