St. Petersburg, Russia – Nissan has marked the start of production at its new assembly plant in St. Petersburg, Russia. The US$200 million plant has the capacity to produce 50,000 vehicles a year and will build the business-class Nissan Teana sedan and X-Trail compact SUV.

The inaugural ceremony was attended by Vladimir Putin, Prime Minister of Russia, along with St. Petersburg governor Valentina Matvienko and Nissan president and CEO Carlos Ghosn.

“This is Nissan’s breakthrough in Russia,” Ghosn said. “The opening of our plant in St. Petersburg in the current conditions underlines our confidence in the high potential of the Russian economy. With the start of production at our new plant, Nissan becomes an integral part of the local community.”

The plant is scheduled to employ 750 workers at start of production with one shift. Additional jobs are being created by Nissan supplier companies and businesses that will support operations at the St. Petersburg Plant. Nissan announced its plans to build the new facility in April 2006, with an official ground-breaking ceremony held on July 8, 2007.

Currently, Nissan holds a 5.7 per cent share of the Russian total industry volume. The company plans to design, produce and sell over three million passenger cars and commercial vehicles in more than 190 countries in fiscal year 2009.

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