NOVARES
French company to start production in Russia
 Novares will be begin producing engine components in Russia in 2020. Shown here is an oil pan, one of numerous parts in the group's portfolio (Photo: Novares) |
Automotive supplier Novares (Paris / France; www.novaresteam.com) has opened its first plant in Russia. The company rents a 1,860 m² site in an industrial park in Togliatti / Russia that is a manufacturing location to AvtoVAZ, the Russian automaker which is part of Renault-Nissan.
The new factory is one of three Novares has set up to better assist the Renault-Nissan alliance – see Plasteurope.com of 30.05.2019 – with the other two in Mioveni / Romania and Kenitra / Morocco – see Plasteurope.com of 04.10.2017 and 08.06.2017. The plant will begin producing engine parts in May 2020. At the start of 2021 Novares will rent a further 2,600 m² of space and expand production to include making and assembling roof bars. The site will employ 130 workers by 2021 and is anticipated to achieve EUR 13m turnover by 2025.
The new factory is one of three Novares has set up to better assist the Renault-Nissan alliance – see Plasteurope.com of 30.05.2019 – with the other two in Mioveni / Romania and Kenitra / Morocco – see Plasteurope.com of 04.10.2017 and 08.06.2017. The plant will begin producing engine parts in May 2020. At the start of 2021 Novares will rent a further 2,600 m² of space and expand production to include making and assembling roof bars. The site will employ 130 workers by 2021 and is anticipated to achieve EUR 13m turnover by 2025.
08.01.2020 Plasteurope.com [244202-0]
Published on 08.01.2020
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