To joint venture of "Sollers" and Isuzu allowed to terminate SPIK

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After SPIK cancellation the company "to Isuzu Sollers" can be liquidated. The joint venture" to Isuzu Sollers" concluded SPIK with Minpromtorg and Ulyanovsk Region in 2018. Under the terms contracts ", Sollers" and Isuzu participated in the joint venture on a parity basis. The total amount of investments was estimated at the project more than in 6 billion rubles of SPIK was one of the first in automotive industry and assumed, including, a conclusion to the market in 2021 joint products Isuzu and "Sollers" - City UAZ that did not occur. Except City UAZ, contract also included obligations for localization of large knots of cars which came into force with...
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