Fuyao Glass to Open New Factory in Russia With Investment of $200Million

 (China Glass Network) Fuyao glass plan to build a new plant in Kaluga, which will be registered as  China Fuyao (Russia Kaluga) Glass Industry Co., LTD in Public Industrial Park. The total investment of the company is $200 million and it is specialized in production and sales of auto glass. The new company is wholly-owned by Fuyao Glass with registered capital of $60million.

It’s known from the company that the Public Industrial Park in Kaluga City, is about 150 km far from Moscow, the capital of Russia. It’s also on the main road and rail access from Moscow to Kiev, which owns superior locations and convenient transportation.

Russia has a great production and consuming market of Renault, Peugeot, Volkswagen, General Motors, Ford and other brands of automobile.

The auto glass project run by the wholly-owned subsidiary company of China Fuyao Glass Industry Co., Ltd. represents the further expansion of the company and the improving of the company's sales service capabilities. It helps the company compete better in the international market and gain sustainable and stable development in the future.