The growth in turnover

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.