Former Great Wall plant is being sold in Russia for 10 billion rubles

by alex

This is already the second attempt

The Stavropol-Avto automobile plant, which previously produced Chinese Great Wall cars, has been put up for sale for the second time, as reported by Avtopotok.

The previous auction, which took place in April, did not result in anything, since no buyer was found for the plant. The initial price of the plant in April was 10,137,833,487 rubles. Now it is put up for sale again at the same price.

Since 2017, the company produced Hover H3 and H5 cars, but in November 2018 the plant ceased operations as a result of tax audits, which led to the initiation of a criminal case against the owner.

The enterprise is designed to produce 100 thousand cars per year.

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