MOSCOW TIME: 24.02.2020 19:57:34

Investments

Production of Mercedes Benz cars to start in Russia in 2019

Production of Mercedes Benz cars to start in Russia in 2019

Production of Mercedes Benz automobiles will start in the Moscow Region in 2019.

"The term of the special investment contract is nine years, with production start scheduled in 2019," Russian Industry Ministry said.

German automaker Daimler will invest $260.4 mln into Mercedes plant construction in the Moscow Region:

"According to the contract, the investor guarantees investing of at least $260.4 mln into the project," the ministry said.

Source:www.tass.com

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