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3.5.17

SCANIA's INVESTMENT * Europe - In Brazil

* Sweden - Scania CV AB, invest $800 Million in Brazil

--- The scheduled investment should guarantee the technological evolution of the Brazilian unit. Scania thus reinforces its strategy of making Brazil a mirror of its Swedish plants... The plant in São Paulo has become an export platform for Scania and it supplies 30 markets in Latin America, Middle East, Africa and Asia. Scania has launched recently its laboratory to develop, test and certify engines in Brazil. The new research area demanded and investment of U$12 million (R$40 million). In 2015, it also announced a new facility for painting and assembling trucks cabins, with and investment of R$96 million...
Södertälje, Sweden - Busworld.org - 3 MAY 2017

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