Lidings acts as legal advisor to Beijing Automotive Industry Company (BAIC), the largest manufacturer of commercial and agricultural transport in China, on a joint venture project for the establishment of a production line in Ulyanovsk region.
Chinese automotive giant has entered the Russian market by way of establishing a joint venture with an Ulyanovsk-based company “BAW Motor Corporation”, part of the Russian AMS Group. At the moment the parties have concluded agreement on the sale of shares in a joint venture as well as agreement concerning the rights of participants, and are now actively collaborating to close the deal.