OREANDA-NEWS. December 30, 2009. In the course of Russian Prime Minister Vladimir Putin’s working trip over the Far East a ceremony of launching SsangYong off-road vehicles assembly plant in the city of Vladivostok was held.

The project that was implemented in a timely fashion is fully financed through a long-term credit extended by the Bank for Development.

The credit agreement with SOLLERS – the Far East providing for Vnesheconombank to finance the project to build an automobile assembly production facility with a wide range of products (SsangYong off-roaders, ISUZU, Fiat Ducato lorries) in the Primorsky Territory (the city of Vladivostok) worth 1.8 billion rubles was signed in September of 2009.

The Far -Eastern automobile assembly production facility’s rated capacity is at least 10 thousand automobiles per year.