Volkswagen localizes the production of a turbo engine (1.4 liters) in Russia, and will also increase the production of a 1.6 liter engine manufactured in Kaluga, if it agrees with the Ministry of Industry and Trade on the terms of the special investment contract, the director general of the Russian division of Markus Ozegovich said. His words are quoted by RIA Novosti.
On February 6, an agreement on cooperation between the government of the Kaluga Region and ELA Container RU was signed in the field of implementation of the investment project on the placement of the enterprise for the assembly and subsequent production of mobile container-type premises in the Region. The document was signed by Anatoly Artamonov, Governor of the Kaluga Regio, and Stefan Leopold, Director General of ELA Container RU.
PSA Peugeot Citroën is preparing to expand its production in Kaluga. As reported by Nicolas Febvay, PCMA Rus Director General, during the visit of Dmitry Kozak, Deputy Prime Minister of the Russian Federation, to PCMA Rus production site, the company is planning to file a special investment contract application (SPIC) within two weeks.
Russian-Chinese plant producing the Fuyao Glass Ru automotive glass to invest 300 million rubles in the construction of a new production line and automation. This will increase production by 20%, according to the website of the Agency for regional Development of the Kaluga Region on Wednesday.
Volvo Trucks (Sweden) seeks development of LNG-driven vehicles in Russia, as reported on Friday by Sergey Yavorsky, Volvo Vostok JSC CEO, during the visit of Dmitry Kozak, Deputy Prime Minister of the Russian Federation, to Kaluga plant.
Swedish Volvo Trucks is interested in development in the Russian Federation of liquified gas equipment, reported by Sergey Yavorskiy, the head of Volvo Vostok, on Friday during the visit of Dmitriy Kozak, the Vice-Premier of the RF, at Kaluga plant.