UK-based automotive and aerospace components manufacturer GKN PLC has announced plans to open a new plant in Russia, making constant velocity jointed sideshafts for the Russian market, by 2015.

GKN Driveline is planning to initially open a plant in Togliatti. GKN production of constant velocity jointed sideshafts for a number of automotive customers is expected to commence in early 2015.

Russia is a key growth market for car manufacturers and this is an important step for GKN."
"A key part of our strategy is to continue the development of our footprint, building the capability to add more value for our customers across a range of Driveline products."- said Andrew Reynolds Smith, CEO GKN Automotive.
16 January 2014
Samara Oblast

Investor profile


Redditch, United Kingdom

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

T: +44 1527517715

Contact: Mr Michael Turner, Chairman

GKN PLC is a manufacturer of specialist technology and engineering to automotive, aerospace and off highway manufacturers. GKN also makes airframe and engine structures.