April 4 began construction of a factory of German car parts group Continental at the industrial park "Kaluga-South cooperation." According to the leadership group, a favorable investment climate in the Kaluga region contributes to rapid business expansion in the Russian Continental.
A year later, the company will start producing engine control units, fuel system and other electronic automotive components, which will be supplied to car international auto companies, including — Kaluga. The plant will meet the latest environmental requirements. Its construction is expected to invest about 20 million euros.