Avtovaz and Sollers Sign Partnership Agreement
OREANDA-NEWS. March 19, 2010. Igor Komarov, president of OAO AVTOVAZ, and general director of OAO SOLLERS, Vadim Shvetsov, reached an agreement for strategic partnership.
In order to increase business efficiency, and taking into account the necessity of creating a competitive component base and developing the human resource potential of the Russian auto industry, the companies signed a strategic partnership agreement.
AVTOVAZ and SOLLERS intend to design and implement a joint program to develop a component base of suppliers, as well as a program to support and realize the human resource potential of the Russian auto industry.
In order to provide for the needs of existing and future projects between AVTOVAZ and SOLLERS, a joint workgroup is being formed to coordinate activities in three main areas:
- a joint program for developing vehicle component suppliers and evaluating opportunities for utilizing them to meet the needs of AVTOVAZ and SOLLERS
- preparation of joint proposals for developing the
- realizing the human resource potential of the Russian vehicle industry, including the design of professional standards and training programs.
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