Volkswagen intends to invest another 500 million euros in Russian business
The Volkswagen Group is ready to invest another 500 million euros in projects in Russia in the next five years, in addition to the previously invested almost 2 billion euros. Markus Ozegovich, CEO of Volkswagen Group Rus, told the Vedomosti newspaper about this. According to him, part of the funds could be invested in a project to double the capacity of the Russian engine plant, located near Kaluga, next to the Volkswagen automobile plant. It now allows the production of 150,000 engines.