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Mar 10

Continental Working on Shifting Production from Russia Plant

BERLIN, March 9 (Reuters) – Continental is working on identifying locations where it can raise production to compensate for the loss of output at its Kaluga plant in Russia, where production has been suspended, its Chief Executive said on Wednesday.

The supplier previously sold goods from the Kaluga plant, which makes rubber, tyre and plastic products, to some neighbouring states, CEO Nikolai Setzer said, as well as serving the domestic market. …

Source: Reuters

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