VW Group Starts Building New Engine Plant in Russia, Operations to Commence in Early 2015

The VW Group is already the largest foreign investor in Russia. Since 2006, it has invested nearly €1 billion (US$1.3 billion) in facilities and new models and just last week, it announced the allocation of a further €840 million (US$1 billion) in the next three years.

Nearly €250 million (US$326 million) will be spent building a brand-new, 30,000 square-meter engine plant next to its existing vehicle facility at Kaluga, which currently produces the VW Polo and Tiguan and the Skoda Fabia and Octavia models.

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