Christian Kremer to Lead AGCO-RM Joint Venture
Moscow, January 21, 2015 - Christian Kremer has been named CEO of AGCO-RM agricultural joint venture (JV between global manufacturer of agricultural equipment AGCO and Russian Machines Corporation being part of Basic Element industrial group).
Russian Machines and AGCO Announce Completion of Joint Venture Transaction
Moscow, 13 January 2015 - AGCO Corporation, a leading global producer of agricultural equipment and Russian Machines Corporation, which is a part of Russia’s leading diversified industrial group Basic Element, announce that they have completed a joint venture deal. The deal signifies the start of operations of “AGCO-RM” for production of agricultural equipment.
News from enterprises
GAZ dealership opened in Ivanovo region
In the city of Ivanovo a new GAZ showroom opened. Autocenter GAZ Yuzhny became the seventh company's center of GAZ sales opened in 2014, and the second one acting in the Ivanovo region. Built in full compliance with corporate standards of GAZ Group, which is part of Basic Element - one of Russia's largest diversified industrial groups, the center will be involved in sales of the entire GAZ product lineup.
GAZelle Next sales launch in Georgia
GAZ Group, a part of Basic Element, Russia's largest diversified industrial holding, begins selling GAZ vehicles, including GAZelle Next and GAZon Next, in Georgia.