GENEVA – Valmet Automotive, a Finnish contract assembler, and Russia's high-performance car company Marussia Motors sign an agreement for a strategic partnership in the engineering and production of the Marussia B2 sports car.

“We chose Valmet Automotive as our engineering and manufacturing partner because of their experience and competencies,” Nikolay Fomenko, president of Marussia Motors, says in a prepared statement. “They are also geographically close to us and provide excellent logistical contacts to our main markets.”

Valmet will provide the project management and a wide range of engineering and manufacturing services.

Start of production at the niche auto maker’s plant in Uusikaupunki depends on the progress of the cooperation. “We plan this phase in the end of 2012 or during 2013,” the Finnish company says in a prepared statement.

The annual production target is several hundred cars. A dedicated assembly line will be set up for the Marussia B2 at the factory.

The B2 model, which was unveiled at the Frankfurt auto show in 2009 and shown at the auto show here, is Marussia Motor’s second sports car. It follows the less-aggressively styled B1, which is built in small volumes at the company’s facility in Moscow.

The Marussia B2 offers a choice of several Cosworth engines – a 3.5L normally aspirated V-6 with 300 hp or a turbocharged 2.8L V-6 with either 360 hp or 420 hp.

Valmet also produces the Fisker Karma sports sedan.