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Gestamp opens its fourth plant in Russia

Gestamp has opened its fourth plant in Russia that will be operated by the Group company Edscha in Togliatti, located about 1,000 km southeast of Moscow. The first plant of Edscha in Russia will now supply door hinges, liftgate hinges and rear door hinges.

 

“Our entry into the Russian market is another milestone in our globalization strategy,” says Torsten Greiner, CEO of Edscha. “Although the situation in Russia is difficult at present, we are confident that we have made the right long-term decision. We’ll be able to meet the needs of our Russian customers right from the market and increase our local content.”

 

For the full press release, please click here.

 

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In: CLEPA News, Growth & Competitiveness