Finmarket – ZiL factory established in Moscow has signed an assembly agreement with Hyundai last week. Accordingly, Hyundai LCVs will be manufactured in the factory from next year onwards. As stated by Natalia Sergunina from the Municipality of Moscow -amongst the partners of the factory- the production will start in the factory during the first quarter of 2013. Sergunina has added that the factory will operate using SKD method until 2015 and from then on welding, painting and press operations will be carried out in Moscow.