VIENNA – Volkswagen AG officially celebrates the opening of its new OOO Volkswagen Rus plant in Grabtsevo on the outskirts of Kaluga, some 100 miles (160 km) southwest of Moscow. The project, kicked off on Oct. 28, 2006, with the laying of the plant’s foundation stone, represents a total investment of more than €500 million ($738 million). The production launch comes on the heels of an announcement that the Volkswagen brand will benefit from a €9.5 billion ($14 billion) investment over ...
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