Word: jointing
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Dates: during 2000-2000
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...immunity from imposts. Atop that, BMW's Russian partner is assembling the cars cheaply--the top pay for its workers is only about $200 a month. The Kaliningrad BMWs, deluxe Series 5 models, will sell at upwards of $40,000, a price only Russia's richest can afford. The joint venture already has on its books a big order, however--from the Kremlin. The administration of new acting President Vladimir Putin has bought 130 of the luxury sedans and an unknown number of customized limousines for a reported $7 million. Another key to the deal is the development...
...investor and the company's 15-member management team, many of whom Cheng had known from nearly two decades in the technology industry. By 1997, Timeless had acquired two local systems-integration companies, and by 1998 it had opened its first China branch in Guangzhou and set up a joint venture in the special economic zone of Zhuhai...
...Russian region of Kaliningrad, separated from the motherland by Poland and Lithuania, was Konigsberg, capital of East Prussia. From 1945 until the collapse of the Soviet Union, it served as a major Soviet naval base and was off limits to Westerners. But now BMW's $25 million joint venture is up and running and--mirabile dictu--is actually assembling cars from so-called knockdown kits. "The Russian market may be chaotic," says Klaus Liske, BMW's local production director, "but we're confident that we've found a good home." As it happens, BMW's latest plant is a former...
...support the effort, Lewis and Dean of the Faculty Jeremy R. Knowles sent a joint letter to members of the Faculty informing them of the new program and encouraging them to take advantage...
...What fast food joint was the unofficial meeting place for Tiananmen Square student demonstrators...