See on Scoop.it – Fastener news
“The Automotive Components division of GAZ Group, which is Russia’s largest manufacturer of commercial vehicles, and FinnvedenBulten announce today that they have signed a final agreement to form a company for manufacturing fasteners at GAZ Group’s plant Gorky Automobile Plant. FinnvedenBulten thereby establishes its first production facility in Russia. FinnvedenBulten’s division Bulten will through investments of approximately EUR 7 million become the majority shareholder in the company. The operations to be included in the company currently have a turnover of about EUR 11 million…”
See on globenewswire.com
