OREANDA-NEWS. July 04, 2013. Deputies of the Duma of Nizhny Novgorod adopted the resolution to bestow Bo Andersson, President\CEO of GAZ Group, with the title of Honorary Citizen of the city. The deputies took into account the significant contribution of Bo Andersson to the economy of Nizhny Novgorod, to modernization of the largest company of the city - the Gorky Automobile Plant, as well as in strengthening the position of the city in the international community.

Bo Andersson, President\CEO of GAZ Group, became the first foreigner to obtain the title of Honorary Citizen of Nizhny Novgorod. Among the honored citizens of Nizhny Novgorod - Nizhny Novgorod merchants Blinovs and Bugrovs, and a prominent Russian politician Sergei Witte. As a confirmation of the title, on the Day of the City, Bo Andersson will be awarded the Honorary Citizen Certificate and commemorative regalia: medal, badge, ribbon and diploma, and the name of the GAZ Group President will be recorded in the Book of Honor of the city.

Oleg Sorokin, Head of Nizhny Novgorod: “The contribution of Bo Andersson in the development of the GAZ Group Nizhny Novgorod site cannot be overestimated: due to the personal authority of the GAZ Group President and the highest level of his competence it became possible to renovate the model range of GAZ vehicles on a large scale, to modernize production and industrial cooperation of the company with a number of the world's major automakers. Nowadays GAZ Nizhny Novgorod site has 25,000 employees with a full guarantee of stability, which means billions of the budget revenue in revenue and confidence in the future for hundreds of thousands of citizens”.

Bo Andersson: “I thank Oleg Sorokin, Head of Nizhny Novgorod, and the City Duma for their high estimation of my performance. I believe that the contribution to the economy of the city and development of the Nizhny Novgorod region is the achievement of the entire team of the company. Development of the model range of GAZ vehicles, strengthening of competitiveness of our products are the tasks on which all the plant employees are working hard. We will do everything possible to strengthen the economic and social well-being of the city and its citizens”.
Under the guidance of Bo Andersson, GAZ updated the model range in accordance with the current requirements of the market, achieved the record financial performance and labor productivity, and retained the undisputed leadership in the market of commercial vehicles. Modernization of GAZ creates conditions for development of other related industries, manufacturers and service companies, new production facilities and new jobs in the region. All this plays a positive role in improving the investment and business climate of Nizhny Novgorod and the region.