Kaliningrad Avtotor is interested in the possibility of establishing automobile production at the Hyundai plant in St. Petersburg, a letter was sent to President Vladimir Putin with the corresponding proposal. In this respect informs Citing a source familiar with the initiative discussion, Interfax.
According to him, a letter with instructions for examining the enterprise was forwarded to Denis Manturov, the head of the Ministry of Industry and Trade. The document states that the departure of Avtotor’s production partners, BMW and Hyundai, from Russia adversely affected the company’s performance.
Avtotor has proposed restarting the Hyundai plant as soon as possible, modernizing production and localizing internal combustion engines and cars with an inline hybrid power plant, including gas, according to Interfax.
Avtotor’s investment program includes extensive cooperation with the Hyundai production complex in the Russian Federation. After the departure of former partners, the Kaliningrad automaker has established cooperation with Chinese brands Kaiyi, BAIC and SWM.
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Source: Gazeta
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