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Matthias Mueller has visited Moscow to discuss the company’s perspectives on the Russian market

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08.02.2017

Moscow, February 8, 2017 — Matthias Mueller, Chairman of the Board of Management of Volkswagen AG, held a working meeting with President of the Russian Federation Vladimir Putin. During the meeting, they discussed the company’s perspectives on the Russian market. The Head of Volkswagen Group also visited an innovative showroom Audi City Moscow.

Vladimir Putin and Matthias Mueller

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At the working meeting President of the Russian Federation Vladimir Putin confirmed his readiness to support the Volkswagen Group in their future development plans on the Russian market and highly appreciated the company’s input into the Russian economy: «Investments and sales have reached a good level today, and Volkswagen accounts for 11 percent of the cars sold on our market. I think that around 10 percent of the vehicles produced here are sold abroad. This is a good result too».

Matthias Mueller noted that the Volkswagen Group is committed to the Russian market and plans further development here: «We have longstanding relations with Russia, we started producing cars here more than 10 years ago. Our current investment reached 1.75 billion euros. We are happy with our cooperation and are pleased to have this opportunity today to discuss the automotive industry’s development in Russia».

Marcus Osegowitsch, General Director of Volkswagen Group Rus, noted: «We are very glad to welcome Mr. Mueller here in Moscow, as it shows the support of our work in Russia and confirms the importance of the Russian operation in the global Volkswagen Group Team».

Vladimir Putin and Matthias Mueller

Vladimir Putin and Matthias Mueller

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Despite the difficult economic situation in the country Volkswagen Group did not stop to develop its business — the production of engines in Kaluga was launched in 2015 and automotive production was expanded in 2016.

In 2016, the company’s sales in Russia reached 157,000 vehicles. At the company’s manufacturing sites 147,000 vehicles were produced: 110 000 cars — at the Volkswagen Group Rus plant in Kaluga, and 37 000 vehicles — at the production site in Nizhny Novgorod.



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