Investment Climate in St. Petersburg and Leningrad Oblast slide image

Investment Climate in St. Petersburg and Leningrad Oblast

Localization matters By 2010 there will be more than 1,000,000 foreign passenger cars produced in Russia; By 2015 there the production of foreign OEMs will increase about four times; The share of work outsourced by Russian OEMS will rise to 45% in 2010; The same period will have a three-fold increase to 39% in the locally made components in foreign vehicles; Attractive opportunity for international suppliers as Russian OEMS prefer to purchase components from them because of greater quality, environmental and safety standards. 200K Bumpers, Seats, Exhaust Systems, Ceiling Upholstery, Batteries, Tyres etc. 500K 1,000K Chassis, Complex Plastic Components, Clutches, Pistons, SRS, Stamping, Power Train and Drive Train Components, etc 2007 Source: Ernst & Young Analysis II September 4, 2008 16 Investment Climate in St. Petersburg and Leningrad Oblast 2012 ERNST & YOUNG Quality In Everything We Do
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