Volvo says will invest 250 mln euros in Russia

Newswire

MOSCOW, Dec 23 (Reuters) - World number two truck maker Volvo said on Thursday it will up its investment in trucks assembly in Russia to 250 million euros ($328.4 million) from the current 100 million euros. "In addition to 100 million euros we are planning to invest 150 million in trucks assembly," head of Volvo in Russia Lars Cornelius told Prime Minister Vladimir Putin during a government meeting on car industry. (Reporting by Darya Korsunskaya; Writing by Gleb Bryanski; Editing by ...

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