 | |
| Founded |
spring 1997 [1] |
|---|---|
| Headquarters |
Taganrog], Russia key_people = M. Y. Paramonov, CEO of financial-industrial group Doninvest |
| Industry | Automotive |
| Products | Automobiles and Commercial vehicles |
| Employees | 8 500 |
| Website | Tagaz.ru |
TagAZ (Russian: "Таганрогский автомобильный завод" (ТагАЗ) is a automotive assembly plant, located in Taganrog, Russia. Affiliated enterprises — Rostov Factory of Truck.
History[]
The construction of the Taganrog's Automotive Plant founded in spring 1997, under license and technology of South Korean concern Daewoo Motors and was fully financed by Doninvest Finance & Industry Group with investment volumes of more than $260 millions. In 1998 Doninvest launched the pilot SKD production of the Lanos and Nubira cars. [2]
In 1999-2002 the company assembled Citroën Berlingo MkI called Orion M.
In 2006 company produces vehicles Hyundai Accent, Hyundai Sonata and light truck Hyundai Porter.
And now it possible to simultaneously produce up to 20 different car models at plant’s facilities.
In 2010 TagAZ announed that, they are going to build their 3rd car manufacturing plant in Bangladesh with an investment of US$ 2 billion. According to TagAZ Officials, it wants to manufacture cars in Bangladesh because of its low labour cost and the advantage it enjoys in export to neighbouring countries and Europe. TagAZ already bought the required land at Kishoreganj area and aiming to go on selling the first car from here in 2012.[3][4][5] TagAZ started assembling BYD F3, Vortex Corda (modifed Chery Amulet) and Vortex Tingo (modifed Chery Tiggo) in october.
Owners and executives[]
20% of company shares owned by companies Sapor Invest Inc., Ikaria International Technologies Aktiengesellschaft, Pemberton Establishment, Asha Holding, Dl Technologies GmbH. The actual owner — M. Y. Paramonov, Russia's entrepreneur, CEO of financial-industrial group Doninvest.
Production capacity[]
Factory has a full production cycle of the total area of 60,000 m2 and is divided into 5 departments:
- Welding body shop
- Paint shop
- Assembly shop (4 lines)
- Electroplating shop
- Functional testing shop
Conveyor line of TagAZ placed vertically — on four floors of the main building of the plant. Communication between levels is organized through a system of elevators and lifts. Each level is equipped with monorail, lifting and transporting equipment. Equipment deployed very compact.
All cars undergo a road test on a track with various road surface.
Performance[]
Production capacity of the plant: 180 000 units in 6 different models of cars per year.
| 1999 | 2000 | 2003 (for 9 months) | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 |
|---|---|---|---|---|---|---|---|---|
| 586 | 298 | 3810 | 25 602 | 45 417 | 55 900 | 79 620 | 106 322 | 29 240 |
Model lineup[]
Own brand[]
- Vortex Estina
- Vortex Corda
- Vortex Tingo
- TagAZ Tager
- TagAZ Road Partner
- TagAZ Vega
- TagAZ Master
Hyundai brand[]
- Hyundai Accent
- Hyundai Sonata
- Hyundai Porter
- Hyundai Elantra XD
- Hyundai Santa Fe
- Hyundai County
BYD brand[]
- BYD F3
References[]
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