The company recently identified the BRIC countries as the most promising destinations for its business. To support this strategy its past four recorded FDI projects were in these countries.

These included the opening of a plant in Hyderbad, India and another facility in Guangzhou, China. There was also the opening of another manufacturing centre in Brazil, which represented the 10th such facility it has in the country.

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While specifics on its activities in Russia were not available, the firm emphasised that it saw the most potential in the BRIC countries.