ID :
142953
Tue, 09/21/2010 - 16:03
Auther :
Shortlink :
https://oananews.org//node/142953
The shortlink copeid
Hyundai opening first foreign full-cycle car factory in Russia.
St PETERSBURG, September 21 (Itar-Tass) -- South Korean company
Hyundai launches a car factory in St Petersburg Tuesday.
Its work will begin with the commissioning of a new model adapted to
the requirements of Russian customers - the C-class sedan that Hyundai has
designed especially for Russia.
Hyundai Motor Manufacturing Russia /HMMR/ plant will become the first
Russia-based foreign automobile industry outlet to boast a full production
cycle.
Beside the traditional welding, painting and assembly workshops, the
HMMR compound also encompasses a stamping workshop, which will allow the
carmaker to control the quality and cost of stamped panels, and to change
over quickly enough to the manufacturing of new car models.
The facility has advanced hi-tech equipment providing for a high
level of automation of the manufacturing processes. The coefficient of
automation will exceed 80% in some sections of the factory.
Investment in the project, which started out in 2008, has come to
about 500 million euros.
Hyundai will run the factory in the trial production mode during the
initial three months of operations and the commercial vehicle assembly is
expected to begin next January.
The company has set itself a task of manufacturing 100,000 vehicles at
the HMMR during the first year of mass production, with a further increase
of the output to 150,000 cars in 2012.
According to the factory's CEO, Ahn Joo-Soo, the HMMR is destined
reach the highest level of localization among the Russia-based factories
of the world's leading automakers.
Next to the plant, which is located in St Petersburg's Kamenka
industrial zone, the company has built a number of facilities that will
manufacture the car component parts.
The commissioning of these facilities for full-scale operation has
been scheduled for the end of 2010.
The HMMR will be the fourth car factory in St. Petersburg. Another
three international automakers - Toyota, General Motors and Nissan - have
already opened their factories in the city that is often euphemistically
called 'Russia's Northern capital'.
Hyundai launches a car factory in St Petersburg Tuesday.
Its work will begin with the commissioning of a new model adapted to
the requirements of Russian customers - the C-class sedan that Hyundai has
designed especially for Russia.
Hyundai Motor Manufacturing Russia /HMMR/ plant will become the first
Russia-based foreign automobile industry outlet to boast a full production
cycle.
Beside the traditional welding, painting and assembly workshops, the
HMMR compound also encompasses a stamping workshop, which will allow the
carmaker to control the quality and cost of stamped panels, and to change
over quickly enough to the manufacturing of new car models.
The facility has advanced hi-tech equipment providing for a high
level of automation of the manufacturing processes. The coefficient of
automation will exceed 80% in some sections of the factory.
Investment in the project, which started out in 2008, has come to
about 500 million euros.
Hyundai will run the factory in the trial production mode during the
initial three months of operations and the commercial vehicle assembly is
expected to begin next January.
The company has set itself a task of manufacturing 100,000 vehicles at
the HMMR during the first year of mass production, with a further increase
of the output to 150,000 cars in 2012.
According to the factory's CEO, Ahn Joo-Soo, the HMMR is destined
reach the highest level of localization among the Russia-based factories
of the world's leading automakers.
Next to the plant, which is located in St Petersburg's Kamenka
industrial zone, the company has built a number of facilities that will
manufacture the car component parts.
The commissioning of these facilities for full-scale operation has
been scheduled for the end of 2010.
The HMMR will be the fourth car factory in St. Petersburg. Another
three international automakers - Toyota, General Motors and Nissan - have
already opened their factories in the city that is often euphemistically
called 'Russia's Northern capital'.
