Sorainen has assisted Shaanxi Fast Gear in its entrance into a joint venture with Minsk Automobile Plant MAZ, the Belarusian state-owned manufacturer of trucks.
Shaannki Fast Gear is part of the Weichai Group, which manufactures and sells heavy-duty manual transmissions, automotive gears, forgings, and castings worldwide.
The Fast MAZ Ltd joint venture, which became the 56th resident of the "Great Stone" China-Belarus Industrial Park, will produce gearboxes for freight and passenger transportation. The plan is to complete construction of the factory by the end of 2020, with the first products being released in early 2021. The total investment amounts to USD 17 million. The project was kicked off in July 2019 when the first phase of construction started.
The Sorainen team included Partner Maksim Salahub, Senior Associate Viktoryia Mikhnevich, and Legal Assistant Anton Zakharau.