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PRODUCTION - RUSSIA - Import Parts Form Russia’s Trucks
Moscow,Russia -Kommersant -FEB,18,2005: -- St. Petersburg launched production of Yarovit trucks yesterday... were developed by Russian designers but 70 percent of their parts are of foreign-make and they cost as much as foreign analogues. The market leader KamAZ doesn’t fear competition... Yarovit Motors was incorporated in Moscow in 1999. It was founded by individuals... which set up two companies to implement the project: Trucks and Dumpers (the UK; bought out 49 percent) and Elgin Systems (the United States; acquired 51 percent)...
http://www.kommersant.com/page.asp?id=548492
posted by Unknown @ 12:53 PM
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