Moscow, Russia: German automaker Daimler announced plans to open a plant near Moscow for passenger car production in Russia. Located at Esipovo Industrial Park, about 40 kilometres northwest of Moscow, the company will invest more than 250 million euros (US$279.8 million) in the new production facility, where the first cars will leave the assembly line in 2019.
Speaking on the expansion, Markus Schäfer, member of the divisional board of Mercedes-Benz Cars, Production and Supply Chain Management, explained that “Russia is of strategic importance for Mercedes-Benz and an attractive growth market.”
The new passenger car plant in the Moscow region will comprise all production steps, from the body show through paint shop to assembly. More than 1,000 jobs will be created at the site and further jobs at local service providers and suppliers. Located 20 km away from the new plant, an aftersales site has been in operation since 2016.
Russia’s Trade and Industry Ministry said that the plant will produce more than 20,000 passenger cars and SUVS per year under a nine-year agreement.