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Sberbank and JV Mazda and Sollers at VEF-2017 agreed to expand cooperation - EastRussia | Far East

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Sberbank and JV Mazda and Sollers at WEF-2017 agreed to expand cooperation

Far East Bank PJSC Sberbank and Mazda Sollers Manufaching Rus LLC (JV Mazda Motor Company and PJSC Sollers) signed an agreement on cooperation at the III Eastern Economic Forum (VEF-2017), the bank's press center said on Friday. Dmitry Sukhoverkhov, Chairman of the Far Eastern Savings Bank, and Dmitry Kudinov, General Director of the company, signed the document.

As reported, the agreement provides for the development of relations between the company and the bank in the sphere of lending to the operating and investment activities of the company, servicing foreign trade contracts, hedging risks and applying derivative financial instruments.

OOO "Mazda Sollers Manufakchuring Rus" is the only manufacturer of Mazda brand cars in Russia. In 2012, the company established the production of Mazda CX-5 crossovers, in 2013 the model line was replenished with the Mazda 6 sedan. As a result of 2016, more than 24 thousand cars were produced. At the WEF, the company received the status of a resident of the TOR "Nadezhdinskaya". As reported, the company plans to establish in Vladivostok the production of engines, which intends to direct more than 3 billion rubles.