Formerly called Avtoframos (1998-2014) Industry Automotive Net income RUB3.74 billion (2011) Founded 1998 | Type Subsidiary Products Automobiles Headquarters Moscow Parent organization Renault | |
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Revenue RUB62.86 billion (2011) | ||
Renault Russia (Russian: Рено Россия, Reno Rossiya; [rʲɪˈno rɐˈsʲijə]), known until 2014 as Avtoframos (Russian: Автофрамос, Avtoframos), is a Russian automotive company established in 1998, currently a wholly owned subsidiary of Renault.
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History
In July 1998, the then Deputy Mayor of Moscow, Valery Shantsev, and a representative from Renault signed an agreement to create an automotive joint venture, based on an old OAO Moskvitch facility. Renault and the city of Moscow owned equally the new company. The car assembly started in April 1999. By 2005, the plant was at full production and in 2010 its capacity was doubled to 160,000 cars per year.
In October 2004, Renault purchased a 26% of the Moscow's share in the partnership and in 2006 increased its participation to 94.1%. At the end 2012, the French automaker purchased the remaining stake of Avtoframos.
In July 2014, Renault announced the renaming of its Russian subsidiary, changing its name from Avtoframos to Renault Russia in order to strengthen the company's relationship with the Renault-badged, Russian-made cars within the clients.
Products
From the end of 2002 to 2004 the plant produced the Renault Symbol, the three-box version of the Renault Clio.
Since 2005, the plant assembles the Renault Logan. The total production in 2007 was 69,000 cars, with an increase to 73,000 cars in 2008.
In 2009, the plant started producing the Renault Sandero hatchback, which was followed by the Renault Duster in 2011.
In 2013, the company produced 195,112 vehicles, which were Duster, Mégane, Fluence, Logan and Sandero.