Delphi plans to build two new factories in Russia by 2010 to tap into rapid Russian and eastern European market growth, German business newspaper Handelsblatt reported.
Go deeper with GlobalData
The Handelsblatt report cited remarks by Delphi executive Stefaan Vandevelde.
“Our teams are currently looking for suitable locations near Kaliningrad and Kaluga,” Vandevelde told Handelsblatt in an interview.
In addition, Delphi plans to expand its site in Dimitrovgrad, Vandevelde said. The company also has production sites in Samara and Surgut and a representative office in Moscow.
Vandevelde also said that Delphi expects its Russian business to double by 2012.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
