IMC takes a turn and heads into the Russian market

"Our main expansion target is now Russia. We want to begin selling Seat cars in the middle of 2006. We hope that 500 vehicles could be sold still this year. We would like sales to grow to 15,000 units within five year in a market with annual sales estimated at 2 million cars," said Arkadiusz Miętkiewicz, deputy president of IMC. This is however only the beginning of his plans. "In 2008 we would like to build there a basic assembly plant for these cars," said Miętkiewicz. However, the main foreign market for the company is still Ukraine and currently the company, with its partners is developing an assembly plant in Uzgorod. The company will expand its production capacity in Ukraine to 40,000 vehicles per annum, and is also planning to enter Latvia and Belarus. (Puls Biznesu, pp. 1, 9) M.M.