Autoneum expands with production foothold in the Russian growth market

Starting in the fall of 2013, Autoneum will be producing acoustic and thermal management components in Ryazan for the growing Russian automobile market. Ryazan is located about 200 kilometers south-east of Moscow.

In course of strategically strengthening its position in growth markets and focusing on long-term partnerships with globally active customers, Autoneum is boosting its local presence with a production plant in Russia. The recently founded subsidiary Autoneum Rus LLC and the new plant in Ryazan make it possible to produce acoustic and thermal management components for automobile manufacturers in Russia.

The new plant benefits from its central location and good connections with the three large automotive clusters in St. Petersburg, Moscow and Togliatti (Samara). This close vicinity to the production locations of globally active automobile manufacturers in Russia will enable decisive competitive advantages in future. Series parts production startup in Ryazan is scheduled for the fall of 2013. Workforce figures at the new plant should reach about 200 by 2017.

Autoneum CEO Martin Hirzel: “The automobile market in Russia has strong growth potential. As a local supplier with the related customer proximity, we are in an ideal position to make the most of this potential.”