Azerbaijan: production of Peugeot cars launched

Azerbaijan’s AzerMash company together with the automobile company Iran Khodro Industrial Group (IKCO) have launched the production of Peugeot cars under the Khazar brand on the basis of the Neftchala Industrial Site, spokesperson for AzerMash company Gunay Namidar reported. “Several Peugeot cars have been already produced,” she added. “The cars have been equipped with an…

Uzbekistan: GMU to be renamed

GM Uzbekistan will be renamed in the coming months, the UzAvtoSanoat Deputy Chairman Aziz Shukurov announced. Shukurov added that the Chevrolet and Ravon brands would remain. “The issue of renaming will be resolved in the near future, and we will inform about it soon,” Shukurov said during a press conference. The company exports its products…

Ukraine: Okean shipyard sold for $4.3 million

Assets of the PJSC Mykolaiv Shipyard Okean (Ocean) located in Ukraine’s southern city of Mykolaiv were sold at an auction on December 3 to Annona Trading House LTD for UAH 122.195 million, or $4.3 million, according to Liquidator of the shipyard Iryna Serbin. Initially, the starting price of the enterprise was UAH 1.8 billion ($63.8…

Armenia: tractors manufacture to begin

Acting Prime Minister Nikol Pashinyan met Armen Harutyunyan, the head of Beltekhnika, a Lithuanian company engaged in the production of agricultural equipment. At the meeting in Yerevan, the parties discussed issues related to Beltekhnika’s initiative to implement an investment project for the production of agricultural machinery such as tractors in Armenia. Reaffirming the Armenian government’s…

Azerbaijan: car exports to start in 2019

The Azerbaijan-Iran car plant Khazar intends to start exporting cars to Russia and other CIS countries in 2019, Veronika Allahverdiyeva, official representative of the Azerbaijani AzerMash automobile company, declared. Allahverdiyeva made the remarks on the sidelines of the Moscow International Automobile Salon in Crocus Expo International Exhibition Center. Azerbaijani “Khazar” cars are showcased at the…

Uzbekistan: GMU raises prices for some car models

Uzbek automaker GM Uzbekistan has resumed sales of cars on the domestic market but the prices have increased by 7.7%, the company said. The principles of pricing and reasonableness of the calculation of prices for manufactured cars were considered with the assistance of the country’s government with the participation of representatives of ministries and departments,…

Azerbaijan: Iran Khodro to expand car production

Iranian automobile manufacturer “Iran Khodro” intends to launch a second line of production in Azerbaijan, said Mohsun Salehi Iran’s deputy minister of industry, mining and trade. This step will allow the company to expand its production in Azerbaijan. “At present “Iran Khodro” intends to increase the current production capacity to raise the daily vehicle output…

Ukraine: An-188 co-production talks with Turkey advance

Turkish and Ukrainian aerospace and procurement officials made “notable progress” in negotiations for the co-production of the Antonov An-188 military cargo aircraft, an advanced version of Ukraine’s An-178, Turkish officials said. “This is a complex program for which both sides are keen,” said one Turkish aerospace official. “We are positively discussing several aspects of an…

Belarus: Belkommunmash mulls over electrobus production in Egypt

Possible supplies and joint production of Belkommunmash electric buses were discussed during a visit of the company’s delegation led by Director General Vladimir Korol to Egypt, the Belarusian embassy in Egypt reported. Belkommunmash representatives met with the authorities of the Ministry of Trade and Industry, the Military Industry Organization of Egypt, the Alexandria Passenger Transportation…

Ukraine: Renault to open plant

Ukrainian Prime Minister Volodymyr Groysman has met with the managers of the French automaker Renault and discussed the prospects for production location in Ukraine. “I have met with the managers of the leading automaker, the French company Renault. We discussed the possibility of locating the Renault production in Ukraine. This would help create additional jobs…

Belarus: BelAZ opens truck maintenance center in Russia’s Sverdlovsk region

The Belarusian automobile engineering company OAO BelAZ has opened a modern technical support center in Russia’s Ural Federal District, the press service of the Belarusian Industry Ministry reported. The center for repairing and maintaining BelAZ mining vehicles was opened in the city of Berezovsky, Sverdlovsk region. The center had been built by BelTransLogistik Company, an…