Siemens-Yazaki Wiring Technologies Lietuva Plans Bigger Turnover
Published:
17 July 2003 y., Thursday
Siemens-Yazaki Wiring Technologies Lietuva, a daughter company of the Siemens-Yazaki Corporation announced a net profit of EUR 2 million for last year and plans to raise it sales turnover by 41% in the coming year.
The growth in turnover is expected due to the popularity of the new Renault Megane, now second most popular car in Europe. Siemens-Yazaki Wiring Technologies Lietuva supplies wiring harnesses for Renault producers in Spain and France and is now the only manufacturer of wire harnesses for all European producers.
Siemens-Yazaki Wiring Technologies Lietuva plans to invest EUR 5.8 million in 2003.
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