Valmet is considering setting up an assembly plant in the Leningrad Region in northwest Russia according to local media sources.
Go deeper with GlobalData
Vremya Novostei daily says Leningrad Region officials held talks this week with Valmet, a Finnish outsourcing company assembling premium specialty cars of different brands including the Porsche Boxster and Cayman.
The officials said the company is looking for a plant which could be reequipped with new production lines, the paper said.
“The negotiators did not specify which models would be assembled, but said the company wants to initially roll out up to 10,000 cars,” the daily said. “Valmet Automative wants to inspect the sites on offer and if the company is satisfied, another round of talks will follow.”
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
