Stadco Holdings and Spain’s Gestamp Automocion plan to open the first stage of an auto components plant in St Petersburg area on April 24, Gestamp Automocion has said in a statement.
The plant will be located in Vsevolozhsk.
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The companies set up a joint venture in 2007 to build the plant.
In its first stage of operations, the plant is expected to annually produce 100,000 sets of vehicle body parts.
