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Renault to invest $150 million to lift capacities in Moscow

From Reuters| February 03,2007
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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