Compagnie Plastic Omnium SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Compagnie Plastic Omnium SA Expands Presence in Russia and India via Plant Construction in Joint Venture and Acquisition of Control in Joint Venture Respectively though Subsidiaries
Compagnie Plastic Omnium SA announced that in Russia, Omnium Auto Inergy has announced plans to construct a new plant in Saint-Petersburg in 2013, to service contracts obtained from Nissan, General Motors and Ford. The plant will be built by the 51%-owned joint venture officially created in April 2012 with DSK. In India, Plastic Omnium Auto Exterior has acquired exclusive control of its joint venture in Pune, after buying out the 40% stake held by local partner Varroc. The Pune plant supplies bumpers to General Motors, Mahindra & Mahindra and Volkswagen.
Latest Developments for Compagnie Plastic Omnium SA
- Compagnie Plastic Omnium SA Acquires Remaining Stake in Joint Venture with Xieno and Plans to Open New Production Unit in China-Les Echos
- Compagnie Plastic Omnium SA Announces FY 2012 Dividend
- Compagnie Plastic Omnium SA Announces Share Repurchase Program
- Plastic Omnium Group Announces FY 2011 Dividend Proposal
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