For the production of buses and trucks, the Japanese company Hino Motors will not establish a factory in Khimki. Reported by this TV channel NHK with reference to sources.
According to journalists, the refusal is related to tax issues and delays in the schedule. It was noted that Hino Motors’ decision is not directly related to the situation in Ukraine.
Hino Motors received permission to build a plant in Khimki in 2018. The total investment in the project was expected to be about 1 billion rubles.
In August, Japan’s largest online broker SBI Holdings announcedStopping cryptocurrency mining activities in Russia.
In the report of analysts of the statistics center Teikoku Databank, earlier reportedIt was stated that the process of withdrawing from the Russian market or suspending activities of the Japanese business world, which started in March, started to slow down in June and stopped completely in July.
Source: Gazeta
Barbara Dickson is a seasoned writer for “Social Bites”. She keeps readers informed on the latest news and trends, providing in-depth coverage and analysis on a variety of topics.