€436 or €218 to be paid to each employee, depending on country
Total investments amount to about €100 million
The move comes with the aim to produce Air Spring Systems for greater proximity to customers and the market.
Expands technological expertise and deepens specialist knowledge relating to design, processing and handling of thermoplastics for industrial hoses
Production is set to begin in 2020
To expand integration to cover all interior modules
New Powertrain plant with total built area of over 24,000 square meters starts operation
To address the market requirements stemming from Government of India legislations for ABS entry in April 2019
Will overlook both the Automotive and Rubber Groups in India
Will continue to improve upon the technology and optimise costs through localisation