The plant of the German Bosch corporation in Samara became the property of the Russian Federation. The full stake in Robert Bosch Samara LLC was bought by FSUE NAMI, which previously became the owner of the Toyota plant in St. Petersburg. Bosch produced automobile ABS and ESP stabilization systems.

The Bosch plant in Samara became the property of the Russian Federation

FSUE NAMI became the owner of the full stake in LLC Robert Bosch Samara, a plant of the German Bosch corporation. This was announced by the press service of the state enterprise.

The Bosch factory produced steering systems, car ABS and ESP dynamic stabilization systems.

“At the time of the transaction, Robert Bosch Samara employed 107 employees who will continue to work for the company in the future,” NAMI reported.

ABS and ESP production will be launched in 2024; Starting in 2025, NAMI hopes to bring the company to design capacity.

In March, FSUE NAMI completed the acquisition of the Toyota plant in Saint Petersburg. The Japanese automaker has suspended car assembly at its Russian plant in the spring of 2022. In September, Toyota was forced to close the plant due to its downtime.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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