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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Novares opens first manufacturing site in Togliatti, Russia · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Dec 21, 2019NEW FACILITYTogliatti, Russia

Novares opens first manufacturing site in Togliatti, Russia

Novares opened a rented 1,860 m² site in Togliatti, Russia, to produce engine parts starting May 2020, with plans to expand to roof bars in 2021. The site will employ 130 workers by 2021 and target €13 million turnover by 2025.

Jobs

130

Starts operating

May 2020

Status

Completed

Productsengine partsroof bars

CompaniesNovares

Sectors#Automotive Components

“Opening this factory in Russia is part of our long-standing growth strategy, which includes being close to our customers wherever they are in the world.”automotive-technology.com

1 source
automotive-technology.comDec 21, 2019

Summarized from public sources; check the original articles before acting on it.

More from Novares

Jun 28, 2021EXPANSIONLens, Pas-de-Calais, France$12.0M20 jobsops 28 Jun 2021
Novares expands and modernizes Lens expertise center with €10M investment
Novares lejournaldesentreprises.com
Mar 31, 2021EXPANSIONShenyang, Liaoning, Chinaops 31 Oct 2021
Novares expands Shenyang plant with 15 new production lines
Novares novaresteam.com
Jan 27, 2020EXPANSIONTogliatti, Russia, Russia130 jobsops May 2020
Novares opens first Russian engine-components plant in Togliatti
Novares wardsauto.com
Jul 10, 2019EXPANSIONJanovice, Czech Republic, Czechia50 jobsops Apr 2019
Novares inaugurates major site expansion in Janovice, Czech Republic
Novares novaresteam.com
Apr 23, 2019ACQUISITION
Novares Venture Capital acquires minority stake in Quad Industries
Novares acquirer Quad Industries target just-auto.com
Feb 12, 2019ACQUISITIONWisconsin, Tennessee, Mexico, United States1,600 jobs
Novares acquires MPC to expand North American reach
Novares acquirer Miniature Precision Components target plasticsnews.com just-auto.com automotivepowertraintechnologyinternational.com

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