Yantai bus maker plans to build plant in Russia
A group of Chinese executives, led by company general manager Yu Zhongguo, arrived at the region on Monday to meet with local government officials and discuss the main issues regarding the investment.
The report said the Chinese bus maker hopes to produce buses in the Krasnodar region in the near future but did not specify on the planned investment volume or any time line.
Establisjed in 1969, Yantai Shuchi Vehicle Co is situated in Laiyang city of Shandong province. The company has 1000 employees and has a production capacity of 8,000-10,000 buses a year.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com