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Magna Signs Agreement to Acquire Ixetic for €308 Million

10/01/2012 - 15:36
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Magna Signs Agreement to Acquire Ixetic for €308 Million

Magna International Inc. announced today that it has signed an agreement to acquire ixetic Verwaltungs GmbH with two manufacturing facilities in Germany, and one in each of Bulgaria and China

Johnson Controls Supplies the Complete Seats for the New Ford B-Max

09/27/2012 - 10:56
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Johnson Controls Supplies the Complete Seats for the New Ford B-Max

In January 2012, the company opened a JIT seat plant in Craiova, Romania, specifically to supply the nearby Ford plant where the B-MAX is produced

Škoda Builds New Engine Testing Center

09/25/2012 - 15:45
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Škoda Builds New Engine Testing Center

21 new engine and component testing facilities are the core of the new €34 million center

Sumitomo Rubber to Establish a Joint Venture In Turkey

09/21/2012 - 17:09
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Sumitomo Rubber to Establish a Joint Venture In Turkey

The company's new JV will serve as a strategic base for both production and sales of tires bound for the Middle East, North Africa and Russia

New Opel Engine Plant Inaugurated in Hungary

09/20/2012 - 16:00
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New Opel Engine Plant Inaugurated in Hungary

The €500 plant in Szentgotthard will produce half-a-million engines annually at full capacity

PSA in Talks with Russian Railways to Sell Gefco Stake

09/20/2012 - 15:32
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PSA in Talks with Russian Railways to Sell Gefco Stake

PSA Peugeot Citroën would sell a 75% interest in Gefco for €800 million, after the payment by Gefco to PSA of €100 million in a special dividend

Inergy Expands Its Presence in Russia

09/18/2012 - 16:23
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Inergy Expands Its Presence in Russia

Plastic Omnium Auto Inergy has announced plans to construct a new fuel systems plant in Saint-Petersburg in 2013

Škoda Reports Best August Sales Ever

09/13/2012 - 15:26
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Škoda Reports Best August Sales Ever

Škoda increases deliveries to customers in Russia by 68.3 per cent, achieves growth five times that of local market

NORMA Group Strengthens Distribution Activities in the Russian Market

09/12/2012 - 10:32
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NORMA Group Strengthens Distribution Activities in the Russian Market

Germany's NORMA Group AG, a global market and technology leader for engineered joining technology for the automotive and other industries, continues to expand in Russia and Eastern Europe

Johnson Controls Appoints New Leader for Automotive Experience Business in Russia

09/06/2012 - 13:42
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Johnson Controls Appoints New Leader for Automotive Experience Business in Russia

Alexander Zaytsev is the new General Manager for Johnson Controls Automotive Experience in Russia