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Peugeot-Citroen to build a factory in Russia
By Yoann Besnard on 29 January 2008 | 
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Peugeot-Citroen has signed a contract with the Kaluga region’s government to build a factory which will produce 75,000 cars a year in 2010.
The future factory will produce the Peugeot 207 and the Citroen C4 models. The company will invest £223 million for the construction of the plant and will create 2,600 jobs.
The French group will join other car makers in the area such as Volkswagen and Mitsubishi. Due to be finished in 2009, the Volkswagen factory will produce the Passat, Touareg and Polo models at 115,000 units per year. Mitsubishi has also announced its intent to build an assembly plan in Kaluga with the initial annual production capacity of 50,000 cars.
