国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto Global

Lifan to invest $150m in Russian factory

(chinadaily.com.cn) Updated: 2014-08-21 15:43

Lifan Industry (Group) Co Ltd plans to invest $150 million in an automobile production factory in Russia's Kaluga province through its wholly-owned Singapore-based subsidiary, Lifan International (Trading) Pte Ltd.

An agreement of investment has been signed between Lifan International and local authorities, a statement said on Tuesday.

Lifan International's investment in Russia is part of the parent company's greater global strategy.

Mou Gang, vice-president of Lifan Industry (Group) Co Ltd, said that by 2015, Lifan's export automobile sales are expected to reach 120,000 units with overseas sales accounting for 40 percent of total sales.

Lifan Group has already entered the Asian, African, South American and European markets with overseas factories operating in Iran, Iraq, Ethiopia, Uruguay and Russia.

A representative of Lifan Group told cnstock.com that export sales in 2013 reached more than 5.35 billion yuan ($850 million).

The investment comes as the Russian economy is suffering from heavy sanctions imposed by the West, which has greatly weakened the consumption capabilities of Russians. As a result, Chinese automobile sales in Russia slumped in the first half of this year.

Lifan to invest $150m in Russian factory Lifan to invest $150m in Russian factory
Lifan sees Africa as gateway to world 
 Ins and outs of Anti-monopoly drive

 

 

 

Hot Topics

Editor's Picks
...
靖边县| 龙州县| 永宁县| 白城市| 太原市| 民丰县| 衡阳县| 衡水市| 江津市| 桦南县| 安新县| 类乌齐县| 濉溪县| 丰原市| 菏泽市| 手机| 永兴县| 凤山市| 来安县| 乐山市| 巴林右旗| 大足县| 新河县| 菏泽市| 永胜县| 鸡泽县| 泰顺县| 惠东县| 墨脱县| 丰原市| 平泉县| 颍上县| 莱西市| 海南省| 安宁市| 永靖县| 布尔津县| 曲沃县| 阿荣旗| 桦川县| 鞍山市|