VEB Helps Carmakers Get Set Up

VEB state development bank may open a 39 billion ruble ($1.39 billion) credit line to carmaker Sollers for its joint venture with Ford, Prime Minister Vladimir Putin said Friday. Putin, who oversees VEB, was speaking at a meeting of the lender’s board. Sollers said in February that it had dropped a joint venture project with Italy’s Fiat and instead would team up with […]