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BRIEF-JV Mazda Sollers to build engine plant on Far East

Sept 2 (Reuters) - Sollers :

* Says Mazda Sollers Manufacturing Rus, joint venture of Sollers and Japanese Mazda, signed with Ministry of Industry and Trade a special investment contract for construction of engine plant with capacity of 50 thousand engines per year

* According to contract, Mazda Sollers Manufacturing Rus to invest 2 billion roubles ($30.41 million) and to master production of Mazda SkyActiv-G and upgraded models of Mazda 6 and Mazda CX-5

* Contract is valid till Dec. 31, 2023

Source text: bit.ly/2ckrm2k

Further company coverage:

$1 = 65.7700 roubles Gdynia Newsroom

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