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Derways Saladin

2007 – 2007

Derways Automobile Company, established in 2003 in Cherkessk, Karachay-Cherkessia, was the first private car manufacturer in Russia and operated under the Russian Mercury Group umbrella. The company's joint venture with Chinese firms, Lifan Group and Liaoning SG Automotive Group Co., Ltd., began in June 2007, with an initial production target of 100,000 units for the local market. By fall 2009, a second plant was opened to further expand production capacity. Derways employed around 3,000 workers, highlighting its significance as a major employer in the region. The company's collaborations with established Chinese automakers allowed for technology transfer and expertise sharing, contributing to the development and growth of the Russian