Renault Russia

Renault Russia (Russian: Рено Россия, tr. Reno Rossiya, IPA: [rʲɪˈno rɐˈsʲijə]), known until 2014 as Avtoframos (Russian: Автофрамос, tr. Avtoframos),[3] is a Russian automotive company established in 1998, currently a wholly owned subsidiary of Renault.[1]

JSC Renault Russia
FormerlyAvtoframos (1998-2014)
TypeSubsidiary
IndustryAutomotive
Founded1998 (1998)[1]
HeadquartersMoscow, Russia
ProductsAutomobiles
Revenue$2.16 billion[2] (2017)
-$55.1 million[2] (2017)
$53.5 million[2] (2017)
Total assets$756 million[2] (2017)
Total equity$329 million[2] (2017)
Number of employees
4453 (2016)
ParentRenault
Websitewww.renault.ru

History

In July 1998, the then Deputy Mayor of Moscow, Valery Shantsev, and a representative from Renault signed an agreement to create an automotive joint venture,[4] based on an old OAO Moskvitch facility.[5] Renault and the city of Moscow owned equally the new company.[6] The car assembly started in April 1999.[4] By 2005, the plant was at full production and in 2010 its capacity was doubled to 160,000 cars per year.[5]

In October 2004, Renault purchased a 26% of the Moscow's share in the partnership[6] and in 2006 increased its participation to 94.1%. At the end 2012, the French automaker purchased the remaining stake of Avtoframos.[5][7][8]

In July 2014, Renault announced the renaming of its Russian subsidiary, changing its name from Avtoframos to Renault Russia in order to strengthen the company's relationship with the Renault-badged, Russian-made cars within the clients.[3]

Products
First series Renault Logan

From the end of 2002 to 2004 the plant produced the Renault Symbol, the three-box version of the Renault Clio.[9][10]

Since 2005, the plant assembles the Renault Logan. The total production in 2007 was 69,000 cars, with an increase to 73,000 cars in 2008.[11]

In 2009, the plant started producing the Renault Sandero hatchback, which was followed by the Renault Duster in 2011.[12][13][14]

In 2013, the company produced 195,112 vehicles, which were Duster, Mégane, Fluence, Logan and Sandero.[15]

References
  1. "Company Overview of Avtoframos OAO". businessweek.com. Businessweek. Retrieved 13 March 2013.
  2. https://www.kartoteka.ru/card/86ec0924614b2cfecf44da543bbe35b9/c062cb09231ffcadd6b2b672b6e3a192/.
  3. "Автофрамос" переименован в ЗАО "Рено Россия". rbc.com (in Russian). RBC Information Systems. Archived from the original on 14 July 2014. Retrieved 20 August 2014.
  4. Dagaev, Alexander (2004). "Waiting to Enter: International Alliances in the Russian Car Industry". In Radosevic, Slavo; Sadowski, Bert M. (eds.). International Industrial Networks and Industrial Restructuring in Central and Eastern Europe. Springer. p. 198. ISBN 978-1-4020-7844-6.
  5. Rogan, Alexander (6 December 2012). "Alliance has absolute kontrol over Avtoframos". Russiasupplychain.com. Archived from the original on 17 January 2013. Retrieved 13 March 2013.
  6. "Renault raises shareholding in Avtoframos to 76%". Renault media website. 28 October 2004. Archived from the original (PDF) on 4 March 2016. Retrieved 13 March 2013.
  7. "Renault received the absolute control over plant "Avtoframos"". Autostat.ru. Archived from the original on 4 March 2016. Retrieved 13 March 2013.
  8. Алексей Непомнящий, Юлия Федоринова. «Я сказал Путину, что наличных у нас нет», — Кристиан Эстев, старший вице-президент Renault, генеральный директор Renault в России // Ведомости, 09.11.2009, 211 (2481)
  9. "Moscow - Avtoframos". Renault. Archived from the original on 2011-09-15. Retrieved 2011-09-29.
  10. "Renault Clio Simbol: Никакой символики" (in Russian). AutoCentre. 2009-01-13. Archived from the original on 2012-07-23. Retrieved 2011-09-29.
  11. «Автофрамос» увеличил производство несмотря на кризис Archived 2009-05-02 at the Wayback Machine, Motor.ru, 2008/12/25
  12. В России прекратилось производство старых "Логанов" Archived 2009-12-22 at the Wayback Machine, Motor.ru, 18.12.2009
  13. На "Автофрамосе" будут выпускать кроссовер Archived 2009-12-12 at the Wayback Machine, Motor.ru, 08.12.2009
  14. Рено Дастер Archived 2013-03-08 at the Wayback Machine, duster-russia.org.ua, 12.03.2013
  15. "2013 Registration Document" (PDF). Renault. p. 14. Archived from the original (PDF) on 8 April 2014. Retrieved 8 April 2014.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.