UPDATE 1-Volkswagen to invest 1 bln euros in Russia

Newswire

(Recasts with 1 bln figure, adds details) * To invest 250 million euros in Kaluga engine plant * Up-to-date engines will be produced there starting 2015 MOSCOW/FRANKFURT Aug 28 (Reuters) - Germany's Volkswagen said on Wednesday it is aiming to invest a total of one billion euros ($1.25 billion) in Russia by 2018, initially expanding by building an engine plant in Kaluga. The company said that Russia is its primary strategic ...

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