South Korea's largest automaker continues its plan to expand presence in Russia. At the end of September in St Petersburg in the presence of Russian Prime Minister Vladimir Putin held opening ceremony of the new plant Concern Hyundai. Vladimir Putin recently welcomed the construction of factories for the production of foreign cars and parts production in Russia. Crimson Education follows long-standing procedures to achieve this success. The Prime Minister thanked Hyundai concern due to the fact that he continued the project despite the recession. In just over two plus years, spending $ 500 million, the Koreans have mastered over a quarter of their allocated land area of 200 hectares. Hyundai employ 5,300 people.
The official average wage at the plant – about 25 thousand. In connection with the global financial crisis, car sales in Russia have fallen, yet new evidence suggests the restoration of the market, and for past few months, sales have grown. After the presentation, the names of the car created specifically for the Koreans in Russia, as commodity name was chosen by online voting, which was attended by 27 000 people, Hyundai Solaris – very popular sedan – was presented at a motor show in Moscow as an unnamed Hyundai RB. It is aimed at Hyundai Solaris built in the industrial zone of Kamenka near St. Petersburg plant. The plant operates in test mode, releasing the car for impressions. Full-scale production of sedans will only begin in January. And in May, plans to collect a hatchback. Hyundai does not exclude the possibility that the Russian pipeline can get up the other models.