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{{short description|Russian car manufacturer}}{{Infobox company
{{notability|date=April 2014}}
| name = Doninvest
'''Doninvest''' ({{lang-ru|Донинвест}}) was a Russian industrial group that manufactured cars in [[Taganrog]], [[Rostov Oblast]].
| founded = 1991
| defunct = January 2014
| hq_location_city = [[Taganrog]]
| hq_location_country = Russia
}}


'''Doninvest''' ({{langx|ru|Финансово-Промышленная Группа Донинвест}}) was a Russian industrial group that manufactured cars in [[Taganrog]] and [[Aksay, Rostov Oblast|Aksay]], [[Rostov Oblast]].
Doninvest began to manufacture vehicles on license in 1997, in an attempt to diversify the group holdings.<ref name="boite">{{cite news|title=Doninvest Orion M: des Berlingo pour la Russie|url=http://boitierrouge.com/2016/11/26/doninvest-orion-m-des-berlingo-pour-la-russie/|accessdate=27 May 2017|work=Boitier Rouge|date=26 November 2016}}</ref> The firm produced Daewoo cars on license for the Russian market under an own brand.<ref name="radoseci">{{cite book|last1=Radosevic|first1=S.|last2=Sadowski|first2=Bert M.|title=International Industrial Networks and Industrial Restructuring in Central and Eastern Europe|publisher=Springer Science & Business Media|isbn=9781402079412|url=https://books.google.com/books?id=fd0LBwAAQBAJ&pg=PA197|language=en}}</ref> Their best known models were the [[Doninvest Assol]], the [[Doninvest Kondor]], and the [[Doninvest Orion]]. The bankruptcy of Daewoo in 2000 meant that the company only built 34 cars in the first nine months of the year.<ref name="radoseci"/>


The firm produced [[Daewoo]] cars on license for the Russian market under an own brand.<ref name="radoseci">{{cite book|last1=Radosevic|first1=S.|last2=Sadowski|first2=Bert M.|title=International Industrial Networks and Industrial Restructuring in Central and Eastern Europe|date=8 May 2007|publisher=Springer Science & Business Media|isbn=9781402079412|url=https://books.google.com/books?id=fd0LBwAAQBAJ&pg=PA197|language=en|url-status=live|archive-url=https://web.archive.org/web/20171221114258/https://books.google.com/books?id=fd0LBwAAQBAJ&pg=PA197|archive-date=2017-12-21}}</ref> Their best known models were the [[Doninvest Assol]], the [[Doninvest Kondor]], and the [[Doninvest Orion]].
In May 1999 the company signed an agreement with Citroen to built the [[Orion M]], as the rebadged [[Citroen Berlingo]] became known on the russian market.<ref name="radoseci"/> It turned out to be the only Citroen marketed by Doninvest.<ref>http://avtomarket.ru/brandhistory/Doninvest/</ref> Production on this model ended in 2003 with a total production run of 800-1,000 vehicles, and with it ended the group's partnership with Citroen.<ref name="boite"/>

==History==
Doninvest Bank was founded in 1991 by [[Mikhail Paramonov]].<ref name="komstory">{{cite news|last1=Костырев|first1=Анатолий|title=Экс-владельцу ТагАЗа привезли банкротство|url=https://www.kommersant.ru/doc/2854394|access-date=8 June 2017|work=Коммерсантъ (Ростов)|date=14 November 2015|url-status=live|archive-url=https://web.archive.org/web/20160116221122/http://kommersant.ru/doc/2854394|archive-date=16 January 2016}}</ref> In 1995, the bank financed a plan to assemble [[Pontiac (automobile)|Pontiac]] cars in the [[Krasny Aksay]] plant.<ref name="komstory"/>

The first [[Daewoo]]-branded vehicles began to be manufactured in 1995, at the [[Krasny Aksay]] plant. The first models were the [[Daewoo Nexia]] and [[Daewoo Espero]].<ref name="bisnis97">{{cite web|title=Russian Car Market Overview|url=http://www.iep.doc.gov/bisnis/isa/9709auto.htm|publisher=Business Information Service for the Newly Independent States (BISNIS)|access-date=2 June 2017|date=13 February 1998|url-status=dead|archive-url=https://web.archive.org/web/19980213185806/http://www.iep.doc.gov/bisnis/isa/9709auto.htm|archive-date=13 February 1998}}</ref> Doninvest began to manufacture own-brand vehicles on license in 1997, in an attempt to diversify the group holdings.<ref name="boite">{{cite news|title=Doninvest Orion M: des Berlingo pour la Russie|url=http://boitierrouge.com/2016/11/26/doninvest-orion-m-des-berlingo-pour-la-russie/|access-date=27 May 2017|work=Boitier Rouge|date=26 November 2016|url-status=live|archive-url=https://web.archive.org/web/20170711224920/http://boitierrouge.com/2016/11/26/doninvest-orion-m-des-berlingo-pour-la-russie/|archive-date=11 July 2017}}</ref> In 1997 Krasny Aksay was sixth in the rank of the country's car plants, producing 13,200 vehicles.<ref>{{cite news|title=Вот те ГАЗ|url=https://www.kommersant.ru/doc/23201|access-date=8 June 2017|publisher=Kommersant|date=18 August 1999|url-status=live|archive-url=https://web.archive.org/web/20170405011657/http://www.kommersant.ru/doc/23201|archive-date=5 April 2017}}</ref> The bankruptcy of Daewoo in 2000 meant that the company only built 34 cars in the first nine months of the year.<ref name="radoseci"/>

In May 1999 the company signed an agreement with Citroën to build the [[Orion M]], as the rebadged [[Citroën Berlingo]] became known on the Russian market.<ref name="radoseci"/> It turned out to be the only Citroën marketed by Doninvest.<ref>{{cite web |url=http://avtomarket.ru/brandhistory/Doninvest/ |title=История автомобилей Донинвест |access-date=2014-04-08 |url-status=live |archive-url = https://web.archive.org/web/20140408223823/http://avtomarket.ru/brandhistory/Doninvest/ |archive-date=2014-04-08 }}</ref> Production on this model ended in 2003 with a total production run of 800–1,000 vehicles, and with it ended the group's partnership with Citroën.<ref name="boite"/>

The [[TagAZ]] plant entered a partnership with [[Hyundai Group|Hyundai]] in 2001, but after the Korean carmaker built its own Russian factory in 2010, TagAZ ceased to be of interest to them.<ref name="kommertwo"/> During its last years of operation, the factory assembled [[Chery]] cars.<ref name="kommertwo"/> TagAZ was declared bankrupt in January 2014; the Doninvest Bank followed during the same year.<ref name="kommertwo">{{cite news|title=Кто на самом деле стоит за крахом "Донинвеста"?|url=https://www.kommersant.ru/doc/2927092|access-date=8 June 2017|work=Коммерсантъ|url-status=live|archive-url=https://web.archive.org/web/20170710234953/https://www.kommersant.ru/doc/2927092|archive-date=10 July 2017}}</ref>

==Models==
Car models produced by the company:<ref>{{cite web|title=История|url=http://www.doninvest.ru/aksay/news/History.htm|publisher=Doninvest.ru|date=19 June 2001|url-status=bot: unknown|archive-url=https://web.archive.org/web/20010619225224/http://www.doninvest.ru/aksay/news/History.htm|archive-date=19 June 2001}}</ref>
* [[Doninvest Assol]] (Daewoo Lanos, [[TagAZ]] plant)
* [[Doninvest Orion]] (Daewoo Nubira, TagAZ plant)
* [[Doninvest Kondor]] (Daewoo Leganza, [[Krasny Aksay]] plant)
* [[Doninvest Orion M]] ([[Citroën Berlingo]])


==References==
==References==
{{reflist}}
{{reflist}}

==External links==
* [https://web.archive.org/web/20000919113652/http://www.doninvest.ru/ Official website] (archived)


{{Automotive industry in Russia}}
{{Automotive industry in Russia}}


[[Category:Defunct motor vehicle manufacturers of Russia]]
[[Category:Defunct motor vehicle manufacturers of Russia]]
[[Category:Companies based in Rostov-on-Don]]





Latest revision as of 16:13, 31 October 2024

Doninvest
Founded1991
DefunctJanuary 2014
Headquarters,
Russia

Doninvest (Russian: Финансово-Промышленная Группа Донинвест) was a Russian industrial group that manufactured cars in Taganrog and Aksay, Rostov Oblast.

The firm produced Daewoo cars on license for the Russian market under an own brand.[1] Their best known models were the Doninvest Assol, the Doninvest Kondor, and the Doninvest Orion.

History

[edit]

Doninvest Bank was founded in 1991 by Mikhail Paramonov.[2] In 1995, the bank financed a plan to assemble Pontiac cars in the Krasny Aksay plant.[2]

The first Daewoo-branded vehicles began to be manufactured in 1995, at the Krasny Aksay plant. The first models were the Daewoo Nexia and Daewoo Espero.[3] Doninvest began to manufacture own-brand vehicles on license in 1997, in an attempt to diversify the group holdings.[4] In 1997 Krasny Aksay was sixth in the rank of the country's car plants, producing 13,200 vehicles.[5] The bankruptcy of Daewoo in 2000 meant that the company only built 34 cars in the first nine months of the year.[1]

In May 1999 the company signed an agreement with Citroën to build the Orion M, as the rebadged Citroën Berlingo became known on the Russian market.[1] It turned out to be the only Citroën marketed by Doninvest.[6] Production on this model ended in 2003 with a total production run of 800–1,000 vehicles, and with it ended the group's partnership with Citroën.[4]

The TagAZ plant entered a partnership with Hyundai in 2001, but after the Korean carmaker built its own Russian factory in 2010, TagAZ ceased to be of interest to them.[7] During its last years of operation, the factory assembled Chery cars.[7] TagAZ was declared bankrupt in January 2014; the Doninvest Bank followed during the same year.[7]

Models

[edit]

Car models produced by the company:[8]

References

[edit]
  1. ^ a b c Radosevic, S.; Sadowski, Bert M. (8 May 2007). International Industrial Networks and Industrial Restructuring in Central and Eastern Europe. Springer Science & Business Media. ISBN 9781402079412. Archived from the original on 2017-12-21.
  2. ^ a b Костырев, Анатолий (14 November 2015). "Экс-владельцу ТагАЗа привезли банкротство". Коммерсантъ (Ростов). Archived from the original on 16 January 2016. Retrieved 8 June 2017.
  3. ^ "Russian Car Market Overview". Business Information Service for the Newly Independent States (BISNIS). 13 February 1998. Archived from the original on 13 February 1998. Retrieved 2 June 2017.
  4. ^ a b "Doninvest Orion M: des Berlingo pour la Russie". Boitier Rouge. 26 November 2016. Archived from the original on 11 July 2017. Retrieved 27 May 2017.
  5. ^ "Вот те ГАЗ". Kommersant. 18 August 1999. Archived from the original on 5 April 2017. Retrieved 8 June 2017.
  6. ^ "История автомобилей Донинвест". Archived from the original on 2014-04-08. Retrieved 2014-04-08.
  7. ^ a b c "Кто на самом деле стоит за крахом "Донинвеста"?". Коммерсантъ. Archived from the original on 10 July 2017. Retrieved 8 June 2017.
  8. ^ "История". Doninvest.ru. 19 June 2001. Archived from the original on 19 June 2001.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
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