North West | Industry, manufacturing

AvtoVAZ fires, Tikhvin Rail Cars hires?

2 Feb '10
AvtoVAZ employees laid off last year from the Togliatti factory may be re-employed at Tikhvin Rail Cars, a new production facility currently under construction in Leningrad Region, said Togliatti city officials, Samara Region.

The RFs Mortgage Agency reportedly promised earlier this year to draft a privileged-term mortgage program for former specialists of the Togliatti auto giant who wish to move to Leningrad Region.

Construction of Tikhvin Rail Cars began in 2005 and now costs $27m, according to RIA Novosti.

The launch of the factory to reportedly employ 3,500 people is officially scheduled for early 2011, the source said.
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