Iveco, Samotlor-NN in JV to build trucks in Russia


MILAN, June 28 (Reuters) - Fiat's Iveco truck-making division said on Thursday it had agreed to form a joint venture with Russia's Samotlor-NN to build its popular Daily model in the country. Iveco said in a statement the joint venture would invest about 50 million euros ($67.17 million) to build a plant in Nizhniy Novgorod with a production capacity of 25,000 units a year.

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