GNOTEC TAKES NEW BIG ORDER IN CHINA

Gnotec bags a delightful new order with an annual value of EUR 8 million to its plant in Kunshan, China.

The order consists of pressed and welded body components for passenger cars developed by the Chinese automobile manufacturer Geely in collaboration with Volvo Cars. Production in China is set to start in 2017.

Stefan Ottosson, CEO of Gnotec, comments the order: "This order is a great achievement and an important step forward for our Chinese plant. There will be more cars built on the same platform. Chances are therefore good that our business will expand both in China and in Europe."

Gnotec followed its European customers and started manufacturing in China in 2014. The plant in Kunshan near Shanghai is specialised in automated pressing and welding.

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