EXCLUSIVE: EBRD to back AvtoVAZ-GM venture
London, www.just-auto.com , 31st August 2000 - The European Bank for Reconstruction and Development is expected to offer roughly $175 million in support for a $500-$600 million car-making venture planned in Russia by domestic producer AO AvtoVAZ and US auto giant General Motors Corp – one of the EBRD's largest undertakings in the ex-USSR.
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