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Peugeot considers building Russian plant with Mitsubishi

 
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PostPosted: Fri Nov 23, 2007 7:10 am    Post subject: Peugeot considers building Russian plant with Mitsubishi Reply with quote

PARIS (MarketWatch) -- French car maker PSA Peugeot Citroen SA (12150.FR) is considering building a plant in Russia and would partner with Japan's Mitsubishi Corp.

French business daily La Tribune reported Thursday, citing industrial sources.
The plant would be located near Saint-Petersburg and would represent a total investment of EUR120 million, the daily also reported, adding that the announcement could be made by the end of the year.

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