Volkswagen plans to invest in production in Russia 1.2 billion euros

German concern Volkswagen plans to invest 1.2 billion euros by 2018 in Russia in the development of new models of cars and the further localization of production, according to the information materials to the working visit of Russian Prime Minister Dmitry Medvedev in Kaluga.

At the moment, the investment of Volkswagen in Russia reach about 1.3 billion euros.