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TRUCKMAKERS' NEWS WORLDWIDE
* Sweden - Volvo Investing in a New Production Facility for Trucks In Russia
Stockholm,Sweden -BUSINESS WIRE -April 19, 2007: -- The Volvo Group is investing a total of SEK (Swedish$Crowns) 935 M in an assembly facility for trucks in Russia. The investment is being made to meet increasing demand on the fast-growing markets in Russia and the former countries in the Soviet Union. The new facility will have a capacity of 10,000 Volvo trucks and 5,000 Renault trucks per year... The facility will be located in the city of Kaluga, approximately 200 kilometers southwest of Moscow. A final agreement with the authorities in Kaluga is expected to be signed in the near future and the new facility is scheduled to be completed in 2009...
Labels: truckmakers news
posted by Unknown @ 3:19 PM
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