ZF

ZF Friedrichshafen AG, a Germany-based developer of automotive driveline and chassis technologies has opened a new commercial vehicle transmission plant in Naberezhnye Chelny, Russia.

The new plant will produce Ecomid and Ecosplit commercial vehicle transmissions.

The new plant is part of an investment of $123 million which will be used by partners ZF and Kamaz to expand capacities at the site by 2016.

We are firmly convinced that this key market will develop positively and now we are able to serve this market even better,"- said ZF Chief Executive Officer Stefan Sommer.
27 January 2014
Investor
2014
123.0 mln
Tatarstan region

Investor profile

ZF

Friedrichshafen, Germany

Company's website: https://www.zf.com

T: +49 07541770

Private company

Contact: Dr. Stefan Sommer, Chief Executive Officer

ZF produces a range of automotive components and complete systems including transmissions, axles, clutches, shock absorbers, torque converters, suspension and steering parts. The company's industrial technology division is responsible for business units such as wind power technology and marine propulsion systems.