GAZ Group and Bulten are going into partnership

GAZ Group and Bulten are going into partnership

RusAutoNews.Com – GAZ Group and Bulten of Sweden have signed an agreement proposing the establishment of a partnership, which will manufacture fasteners on GAZ infrastructure in Nizhniy Novgorod.

This will be the first formal production facility of Finnveden Bulten in Russia. The share of the Swedish manufacturer in the investment is around €7 million. It’s anticipated that the facility will commence operations by the end of 2013.

The Chairman of GAZ: Bo Anderson has stated that the fasteners manufactured with Bulten will be used in GAZelle Business and GAZelle Next models, in order to enhance the security of the models.