Electrolux, the Swedish consumer appliances manufacturer, is looking for a place to build the company's second plant in Russia after its first, a 9-million euro washing machines factory, will open in St. Petersburg this summer.
The city plant will have a production capacity of 300,000 washing machines per year, and manufacture machines under the Electrolux and Zanussi brands.
Hans Straberg, the president of Electrolux said the company is still to choose between a city and an Oblast location. "The company management has not yet made a decision in regards to the size and location of the new plant," said Straberg after attending meetings with both the Leningrad Oblast and the city governors late last week, Interfax reported.
News source: www.sptimes.ru
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Business news archive for 26 January' 2005.
Business news archive for January' 2005.
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