Georgia: PM and Stadler talk factory plans

Plans for launching a factory of Stadler Rail, an internationally recognized rail technology company, in Georgia were discussed at a meeting between Georgia’s prime minister Irakli Garibashvili and Stadler Chairman of the Board of Directors of the company. Garibashvili and Peter Spuhler, the interim CEO of the Switzerland-based company, reviewed the possibility of building a…

Ukraine: vehicle production down in January 2021

In January, Ukraine manufactured 604 vehicles, down by 29% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm). In particular, Ukrainian enterprises manufactured 576 cars, down by 24%. Some 251 cars were produced by ZAO Eurocar and 325 cars by PJSC Zaporizhzhia Automobile Building Plant (ZAZ). Ukraine manufactured four commercial vehicles in January, down…