Yesterday Ford and SOLLERS signed an agreement to establish a joint venture with equal participation of the parties. At the ceremony of the birth of a joint venture, which was called Ford Sollers, was attended by the Prime Minister of the Russian Federation Vladimir Putin. Their signatures under the constituent documents were signed by the Chairman of the Board of Directors, Executive Director, Ford of Europe, Stephen Odell and Vadim Shvetsov, General Director of JSC "SOLLERS". The greatest economic favoring newborn JV will provide the industrial Assembly under the new rules - appropriate multilateral agreement Ford and SOLLERS signed with the Ministry of economic development June 1. Vnesheconombank, for its part, confirmed his intention to open for a swap credit line 39 billion. The contribution of Ford in the joint capacity of the company in Vsevolozhsk, "dowry" SOLLERS production site in Naberezhnye Chelny on the territory of the special economic zone "ALABUGA" (Republic of Tatarstan). Officially, the joint venture Ford Sollers will begin in the fourth quarter of this year. Along with the Focus and Mondeo JV has decided to release a commercial Ford Transit, it is not excluded that the lineup will be expanded. Ford Sollers JV will be responsible for the import and distribution of automobiles, spare parts and accessories Ford on the Russian market. By 2017, the company intends to seriously from 30 to 60%, and ideally up to 70% to increase the level of localization of cars, getting the production of engines and stamping body. By 2015-2016, the JV plans to take at least 9% of the market for passenger and light commercial vehicles