Peugeot SA and CGT Union Sign Agreement to End Strike at Aulnay Plant

Peugeot SA (PSA Peugeot Citroen) announced that its management signed an agreement with the CGT union to end the workers' strike that began January 16, 2013 at the Aulnay car plant. The strike action involved roughly 130 of the 2,500 people employed at the site. The agreement follows an earlier...

Friday, 17 May 2013 08:22am EDT

Lifan Industry (group) Co Ltd to Set up Joint Venture

Lifan Industry (group) Co Ltd announced that it will invest RMB 245 million to set up a joint venture, a Chongqing-based financial company with a registered capital of RMB 500 million, with the Company's controlling shareholder, a Chongqing-based holdings company, with each holding a 49% (the...

Thursday, 16 May 2013 08:00pm EDT

Sollers OAO Appoints Auditor-SKRIN

SKRIN reported that the General Shareholders' Meeting of Sollers OAO held on May 16, 2013 appointed AKG Biznes-krug OOO as its auditor. Further details were not disclosed.

Thursday, 16 May 2013 05:26am EDT

Sollers OAO Announces Further Information Regarding FY 2012 Dividends-Interfax

Interfax reported that Sollers OAO's shareholders have decided to distribute dividends for the fiscal year 2012 od RUB 52.52 per share. The total dividend payout for 2012 is RUB 1.8 billion. The dividends are to be distributed within 60 days. for the fiscal year 2011, the Company paid its...

Thursday, 16 May 2013 03:58am EDT

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