Daewon will open its second factory in Russia

RusAutoNews.Com –  Avtovaz has reached an agreement with Daewon, which manufactures car seat frames for LADA Vesta, about the organisation of production in Izhevsk. The relevant statement has been made by the general director of Rostec Sergei Chemezov. He added that increasing the localisation of Vesta and XRAY by 10 percentage points within three years is the next task for the company (currently 40%).

Daewon opened its first factory in Russia in St. Petersburg in 2010. The factory makes seat production for Hyundai Solaris and KIA Rio vehicles manufactured at Hyundai St. Petersburg plant.