Scania expands business in Russia


Scania expands business in Russia

Scania plans to establish industrial operations in Russia. Initially, an
assembly plant with an annual capacity of 10,000 vehicles per shift is being
planned. Discussions with Russian authorities regarding location will be
initiated. 

An industrial establishment of this kind normally has a lead time of four to
five years from decision to full operation. 

Further information, contact:

- Stina Thorman, Head of Investor Relations, tel +46 8 553 837 16 
- Hans-Åke Danielsson, Press Manager, tel +46 8 553 856 62



Scania is one of the world's leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. A growing
proportion of the company's operations consists of products and services in the
financial and service sectors, assuring Scania customers of cost-effective
transport solutions and maximum uptime. Employing 32,800 people, Scania operates
in about 100 countries. Research and development activities are concentrated in
Sweden, while production takes place in Europe and South America, with
facilities for global interchange of both components and complete vehicles. In
2006, invoiced sales totalled SEK 70.7 billion and the net income amounted to
SEK 5.9 billion. 


Scania press releases are available on the Internet at www.scania.com

Attachments

07262180.pdf
GlobeNewswire