Rustam Minnikhanov visits “Volkswagen” plant in Kaluga

The Tatarstan President Rustam Minnikhanov has visited the stamping enterprise JE “Gestamp – Severstal” and “Volkswagen” auto plant during his working trip to the Kaluga oblast. Head of republic was accompanied by the Governor of the oblast Anatoly Artamonov.

The Spanish company Gestamp holds 75% of shares of the Joint Enterprise “Gestamp – Severstal”, the Russian Severstal - 25% of shares. Stamped parts for auto bodies are produced at the plant located in the industrial park “Grabtsevo”.

It was initially constructed for servicing the adjacent “Volkswagen” plant. The amount of investments made 90 mln euros, the volume of output – 13 mln stamped parts per year. Besides the whole body of Volkswagen Polo Sedan, some parts for Renault Duster, Lada Largus are now produced at the enterprise.

Deliveries of parts to the plant Peugeot – Citroёn – Mitsubishi in the Kaluga oblast will be organized in the nearest time. Therefore, new stamping line was installed at the plant and volume of output was increased.

According to the Chief of Investment Development Agency Linar Yakupov, the Spanish company Gestamp intends to launch similar production in Tatarstan to deliver parts to KAMAZ and JE Ford – Sollers. The agreement was signed at the last St. Petersburg economic forum. Currently the company is choosing the place for the plant.

Members of the Tatarstan delegation also visited “Volkswagen” auto plant. Four models of the German concern are produced at the plant - Skoda Octavia, Skoda Fabia, Volkswagen Tiguan, and Volkswagen Polo Sedan. Total amount of investments in launching the production made 774 mln euros. 5642 people work at the plant.