About: Avtotor

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About: Avtotor Sponge Permalink

An Entity of Type : dbkwik:resource/41M8fembgW4ejRUqT-lkRA==, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Avtotor was founded in 1996 by a group of investors led by current principal owner and chairman of the board of directors of Vladimir Shcherbakov, former Deputy Prime Minister and Chairman of the USSR Goskomtrud. A $130,000,000 assembly plant was built, originally planning to produce Nissan automobiles. The plant was installed in an unoccupied shipyard in Kaliningrad. The name of the company is a compound of "Auto" and "tor" (the German word for "gate"). In 1997, the new plant began assembling Kia automobiles.

Attributes	Values
rdf:type	Company
rdfs:label	Avtotor
rdfs:comment	Avtotor was founded in 1996 by a group of investors led by current principal owner and chairman of the board of directors of Vladimir Shcherbakov, former Deputy Prime Minister and Chairman of the USSR Goskomtrud. A $130,000,000 assembly plant was built, originally planning to produce Nissan automobiles. The plant was installed in an unoccupied shipyard in Kaliningrad. The name of the company is a compound of "Auto" and "tor" (the German word for "gate"). In 1997, the new plant began assembling Kia automobiles.
Products	Cars, trucks
dcterms:subject	Companies of Russia Motor vehicle manufacturers of Russia Truck manufacturers of Russia Companies founded in 1996
dbkwik:tractors/pr...iPageUsesTemplate	dbkwik:resource/ZXMlWPoJsib454WRA5GKsw== dbkwik:resource/ErY3nb8OasFVV_c7OMWJyg== dbkwik:resource/WPyyX67PfSGLOB-ZRfe5iw== dbkwik:resource/_SyujWiyocSbYcFe4j783A== dbkwik:resource/IuNk9_Rc4T0XYvnx2dHFig== dbkwik:resource/_d02CVE1bUK85M92GoQqYg==
number of employees	5000(xsd:integer)
Name	Avtotor
Type	Public company
Industry	Automotive
Founded	1996(xsd:integer)
Location	Kaliningrad, Russia
abstract	Avtotor was founded in 1996 by a group of investors led by current principal owner and chairman of the board of directors of Vladimir Shcherbakov, former Deputy Prime Minister and Chairman of the USSR Goskomtrud. A $130,000,000 assembly plant was built, originally planning to produce Nissan automobiles. The plant was installed in an unoccupied shipyard in Kaliningrad. The name of the company is a compound of "Auto" and "tor" (the German word for "gate"). In 1997, the new plant began assembling Kia automobiles. In the aftermath of the 1998 Russian financial crisis, the company found itself in a difficult financial position, as automobile sales dropped significantly. To mitigate the consequences of the crisis, the company secured a large contract with BMW and transitioned to contract assembly, sparing Avtotor the cost of buying components. Later, the company began a partnership with GM, starting assembly on the Chevrolet Lacetti.

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