Derways Plutus

The Derways Automobile Company was a Russian automaker located in Cherkessk, Karachay-Cherkessia. Founded in 2003, it was Russia's first private car manufacturer and a part of the Russian Mercury Group. Since June 2007, the company has been producing 100,000 units annually for the local market in a joint venture with the Chinese firms Lifan Group and Liaoning SG Automotive Group Co. , Ltd. Derways' second plant was opened in the fall of 2009. The company employed around 3,000 workers....