Fuyao Glass Actively Explores Russian Automobile Market

(China Glass Network) As a giant in China automobile glass industry, Fuyao Group has started to implement overseas strategy in Russia. From last year, Fuyao constructed automobile glass plant in Public Industrial Park, Kaluzhskaya Oblast. It was expected that the plant would be completed this year. Its annual capacity will reach 1 million sets of automobile glass in first year. Judging from the company’s market development in Russia, its annual sales volume is about 100000 sets at present.

According to the forecast, Russia may surpass Germany to be the European largest automobile production and sales market in the next two years. By virtue of good market marketing, wide partnership with domestic and foreign manufacturers, relatively preferable investment environment of Kaluzhskaya Oblast, Fuyao will make great progress in Russia.