Mikhail Podvyaznikov, General Director of the Obukhov Plant (part of the Almaz-Antey concern), announced that the defense enterprise will invest 35-37 billion rubles in re-equipping the Russian Toyota plant as part of preparations for the production of new equipment.
«Approximately 35-37 billion rubles. These funds will be provided by the bank under a standard commercial loan. The start of the loan repayment, I believe, is in seven years,» – said Mikhail Podvyaznikov.
This new equipment will be the E-Neva electric crossover, mass production of which should begin in 2026, and the BAZ-S36A11 tractor. It also became known that from next year, the plant, which once produced the popular RAV4 and Camry in Russia, will launch the assembly of L-type micro-cars.
Now on home
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