Sollers declined to project to assemble cars in Vietnam

© RIA Novosti / Vadim Garniturii in fotobanka Ford Sollers plant in Vsevolozhsk. Archival photoSollers declined to project to assemble cars in Vietnam© RIA Novosti / Vadim Garniturii the image Bank

Sollers declined to project to assemble cars in Vietnam, said General Director and main owner of Sollers (the group includes UAZ) Vadim Shvetsov reporters on the sidelines of the WEF.

«Unfortunately, the agreements that were signed, they can not be realized, because the Vietnamese are rigidly insist on the localization of 40%. With such volumes the localization is simply impossible. If you strictly follow the agreement that require the Vietnamese, we manufacture not to run because we don’t pay for it, even if you do one plant at all,» — said Shvetsov.

In April Shvetsov told about the plans Sollers to launch a project for the Assembly of UAZ cars in Vietnam this year. Prior to this, the export Director of the Oise Andrey Dorofeyev has told about the plans to localize in 2017-2018, the Assembly of the Ulyanovsk SUVs in Vietnam, with which the Russian Federation has concluded an agreement on free trade zone. On this basis, the Russian automakers and regulators talked about the possibility of creating a hub for car manufacturing in Vietnam. At the moment, in this country there is only an Assembly site of «KAMAZ», designed for the Assembly of the order of 1,5 thousand cars a year.

«The version of the hub do not play a role, because the volume of the penny to all, the competition is higher in the Vietnamese market. There are many concerns, as we have invested in investments, the creation of a full-scale production. Therefore, I do not believe in an exception for us. What is exclusive, SKD for us I think not. So work in Vietnam need to do real localization, but for our brands, I do not see the scales that will pay back investment,» — said Shvetsov.

Fourth Eastern economic forum will be held at the site of the far Eastern Federal University campus on the Russian island on September 11-13. MIA «Russia today» is the General information partner of the WEF.

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It will be possible to save 15 to 20 percent of public funds.Sollers declined to project to assemble cars in Vietnam© RIA Novosti / Alexei to Filippoupolitis in fotomancer of sport Pavel Kolobkov promised that 55% of Russians are somehow involved in sports, if you are implementing a program of public-private partnership. It will be possible to save 15 to 20 percent of public funds.© RIA Novosti / Alexander Wolfparade in fotomontajes in national dress on the site of the IV Eastern economic forum in Vladivostok.Sollers declined to project to assemble cars in Vietnam© RIA Novosti / Alexander Wolfparade in fotomontajes in national dress on the site of the IV Eastern economic forum in Vladivostok.© RIA Novosti / Alexei to Dancespace in fotobanka RSPP Alexander Shokhin commented, «the idea Belousova» the seizure of Sverchkov the metallurgical, petrochemical and fertilizer manufacturers. According to him, the preliminary list of projects for investment in this initiative will be ready by October.Sollers declined to project to assemble cars in Vietnam© RIA Novosti / Alexei to Dancespace in fotobanka RSPP Alexander Shokhin commented, «the idea Belousova» the seizure of Sverchkov the metallurgical, petrochemical and fertilizer manufacturers. According to him, the preliminary list of projects for investment in this initiative will be ready by October.© RIA Novosti / Alexei to Dancespace in photobunny CEO of Lotte International IK Choon Lee and Director General of ANO «the Agency of the Far East to attract investment and support exports» Leonid Petukhov (left to right foreground) during the ceremony of signing agreements in the presence of Deputy Prime Minister – Plenipotentiary representative of RF President in the far Eastern Federal district Yuri Trutnev and the Minister of the Russian Federation for Far East development Alexander Kozlov (left to right in the background) in the IV Eastern economic forum in Vladivostok.Sollers declined to project to assemble cars in Vietnam© RIA Novosti / Alexei to Dancespace in photobunny CEO of Lotte International IK Choon Lee and Director General of ANO «the Agency of the Far East to attract investment and support exports» Leonid Petukhov (left to right foreground) during the ceremony of signing agreements in the presence of Deputy Prime Minister – Plenipotentiary representative of RF President in the far Eastern Federal district Yuri Trutnev and the Minister of the Russian Federation for Far East development Alexander Kozlov (left to right in the background) in the IV Eastern economic forum in Vladivostok. /

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