Renault Russia

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Coordinates: 55°42′46″N 37°42′48″E / 55.71271°N 37.71337°E / 55.71271; 37.71337

JSC Renault Russia
Type Subsidiary
Industry Automotive
Founded 1998[1]
Headquarters Moscow, Russia
Products Automobiles
Revenue Increase RUB62.86 billion (2011)[2]
Net income Decrease RUB3.74 billion (2011)[2]
Employees 2,300
Parent Renault
Website www.renault.ru

Renault Russia (Russian: Рено Россия, tr. Reno Rossiya; IPA: [reˈno 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]

History[edit]

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[edit]

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][dated info]

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

References[edit]

  1. ^ a b "Company Overview of Avtoframos OAO". businessweek.com. Businessweek. Retrieved 13 March 2013. 
  2. ^ a b "AVTOFRAMOS (АВТОФРАМОС)". securities.com. ISI Emerging Markets. Retrieved 13 March 2013. 
  3. ^ a b ""Автофрамос" переименован в ЗАО "Рено Россия"". rbc.com (in Russian). RBC Information Systems. Retrieved 20 August 2014. 
  4. ^ a b Dagaev, Alexander (2004). "Waiting to Enter: International Alliances in the Russian Car Industry". In Radosevic, Slavo; Sadowski, Bert M. International Industrial Networks and Industrial Restructuring in Central and Eastern Europe. Springer. p. 198. ISBN 978-1-4020-7844-6. 
  5. ^ a b c Rogan, Alexander (6 December 2012). "Alliance has absolute kontrol over Avtoframos". Russiasupplychain.com. Retrieved 13 March 2013. 
  6. ^ a b "Renault raises shareholding in Avtoframos to 76%" (PDF). Renault media website. 28 October 2004. Retrieved 13 March 2013. 
  7. ^ "Renault received the absolute control over plant "Avtoframos"". Autostat.ru. 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. Retrieved 2011-09-29. 
  10. ^ "Renault Clio Simbol: Никакой символики" (in Russian). AutoCentre. 2009-01-13. Retrieved 2011-09-29. 
  11. ^ «Автофрамос» увеличил производство несмотря на кризис, Motor.ru, 2008/12/25
  12. ^ В России прекратилось производство старых "Логанов", Motor.ru, 18.12.2009
  13. ^ На "Автофрамосе" будут выпускать кроссовер, Motor.ru, 08.12.2009
  14. ^ Рено Дастер, duster-russia.org.ua, 12.03.2013
  15. ^ "2013 Registration Document" (PDF). Renault. p. 14. Archived from the original on 8 April 2014. Retrieved 8 April 2014.