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18 Mar
13:48

Russia’s Ural Automobile Plant to increase investments, output

Russia’s Ural Automobile Plant (AZ Ural) plans to allocate more than RUB 16 billion ($174.4 million) to increase production in 2024, says the company’s general director, Pavel Yakovlev. According to him, the funds will be used for the development of technologies, IT projects, the modernisation of production facilities and equipment. “Investments in the development of the automobile plant this year may thus increase by 2.5 times on-year and a larg…
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