Contents tagged with BMW intends to build plant in Russia
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Russian Media: BMW intends to build a full cycle plant in Russia
The German company BMW intends to build a full-cycle car assembly plant in Russia, Vedomosti newspaper reports citing a source familiar with BMW management. The probable location for the production facility is the Kaliningrad region.
The Kaliningrad Region is located in a special economic zone (SEZ), whose residents receive budget subsidies covering the costs of customs payments when importing components. As the interlocutor of Vedomosti specifies, welding and tinting of (cars’) bodies will be …