MOSCOW, July 4 (Itar-Tass) — President Vladimir Putin sent greetings to the residents of Kaluga Region and congratulated them on the opening of the full production cycle at PCMA Rus’ (Peugeot Citroen Mitsubishi Automobiles Russia) Kaluga Region automotive plant.
“This event is convincing proof that the Kaluga Region automotive cluster, which has developed practically from scratch, is not only growing but is advancing to ever new stages of development. Production is becoming more localised and a full-fledged technology chain covering everything from making components to manufacturing some of the best-known global-brand cars in the world is in the process of formation,” the presidential press service quoted Putin’s message as saying.
“Kaluga Region’s experience shows in full measure how important it is to have regional management teams that take the initiative, are effective in their efforts to create a favourable business climate and develop sites for opening new businesses, and give priority attention to training qualified personnel. This approach has brought visible results in the form of modern new jobs and additional budget revenue. Most important of all, it opens the way for rapid economic growth and raising people’s quality of life,” the president said.
The factory PCMA Rus was opened in April 2010 by PSA Peugeot-Citroen and the Japanese Mitsubishi Motors. The factory assembled automobiles from pre-fabricated vehicle sets.
The enterprise makes Citroen C4 and Peugeot 308 cars as well as crossovers such as Citroen C-Crosser and Peugeot 4007. The pre-production assembly of the Peugeot 408 model started in April 2012. Apart from the Peugeot-Citroen plant, a number of other automotive companies have their enterprises in Kaluga Region, including Volkswagen, Renault, Volvo, and Canadian Magna.