AMO ZiL Car Factory has signed an Industrial Assembly Agreement

AMO ZiL Car Factory has signed an Industrial Assembly Agreement

Auto.vesti.ru – MosAvtoZiL -an affiliate company of AMO ZiL Car Factory, established in Moscow- has automatically signed an Industrial Assembly Agreement by acquiring another company: Gruppa Himeks.

Himeks held an inactive Industrial Assembly Agreement, signed with the Russian government. AMO ZiL will be able to speed up the ongoing partnership negotiations with several car manufacturers and organise the car production in its Moscow factory, with the help of this agreement.

As one may remember, AMO ZiL has recently signed a contract-based assembly agreement with Hyundai. In accordance with the agreement, Hyundai LCVs will be manufactured in Moscow. Additionally, the factory currently continues its negotiations with FIAT and Renault, on the other hand.