Germany: Investment in Russia, contribution of large projects: EUR 9 billion in Nod Stream 2

Figure German Direct Investment in Russia (Net, Flow, Execution Base)

Germany: Investment in Russia, contribution of large projects: EUR 9 billion in Nod Stream 2

Moscow

April 30, 2019

German Chamber of Commerce and Industry: Press Release (April 15)

Germany’s direct investment in Russia in 2018 was the highest since 2008.

German Federal Bank: (see diagram)

The amount of direct investment in Russia in 2018 was about EUR 3.26 billion (up 15.6% over the previous year).

German Chamber of Commerce: Mr. Mathias Sepp, President

The German investment in Nord Stream 2 is estimated to total € 9 billion.

Germany: energy

Major unipars and major oil and gas giant Wintershall have invested € 950 million.

Automotive field:

Daimler:

Concluded a special investment agreement (Note 3) with the Russian government.

Opened a factory to produce the “Mercedes-Benz E-Class” sedan in Moscow in April.

The investment amount is approximately 250 million euros.

Volkswagen (VW):

Has a factory in Kaluga.

Production is also commissioned at a plant in the city of Nizhny Novgorod in the Russian commercial vehicle manufacturer Gaz Group.

Invested more than 500 million euros so far.

VW also announced its intention to make a special investment contract, and intends to expand local production in Russia.

-JETRO

https://www.jetro.go.jp/biznews/2019/04/41d7c515f7c5758f.html