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Russia: Daimler, GAZ to invest €100m in van venture

Russian vehicle manufacturer GAZ Group, owned by billionaire Oleg Deripaska, has entered into an agreement with Daimler to assemble Mercedes-Benz Sprinter vans in Russia. Bloomberg, citing Dmitry Levchenkov, a department head in the country's Economy Ministry, said the companies will invest a total of €100m (US$132m) in this project. The assembly It’s time to log … Continued

Russian vehicle manufacturer GAZ Group, owned by billionaire Oleg Deripaska, has entered into an agreement with Daimler to assemble Mercedes-Benz Sprinter vans in Russia.

Bloomberg, citing Dmitry Levchenkov, a department head in the country's Economy Ministry, said the companies will invest a total of €100m (US$132m) in this project. The assembly

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