5 SEPTEMBER, 2010

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As Mr Putin said during the meeting, the Russian government is doing everything possible to create a favourable climate for Volkswagen’s investment in Kaluga production. The prime minister added that Volkswagen is now able to issue new car loans because the company’s bank recently received a licence from the Bank of Russia.
“Naturally, nobody, including federal and regional authorities, can demand that a producer work at a loss. This is prohibited by the law. However, monopolistic profiteering that causes prices to rise is unacceptable. This applies to everyone involved in the market, from the farm field to the shop counter.”