Renault to invest $150 million to lift capacities in Moscow

By From Reuters| Feb 03 2007
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French car maker Renault on Friday said it would invest $150 million to increase production capacities at its Avtoframos plant in Moscow.

In a statement, Renault said it signed on Friday an agreement with Moscow's mayor to double the capacities of the plant to 160,000 units a year by mid-2009.
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