Schaeffler AG has decided to focus on expanding its activities in Russia and has now moved into a new office in Moscow. The opening ceremony for the new office was held as part of a reception on December 6 which was attended by important customers and representatives from politics and business. During his speech, Klaus Rosenfeld, Chief Executive Officer of Schaeffler AG, emphasized the cornerstones of Schaeffler’s strategy ‘Mobility for tomorrow’ and the importance of the Russian market, particularly with regard to ‘Urban mobility’ and ‘Interurban mobility’ as the major areas. “Our activities in Russia focus on selected industrial sectors, such as the rail industry, as well as the expansion of our automotive business,” said Klaus Rosenfeld. Dietmar Heinrich, CEO Europe, which also includes Russia, added: “By moving into the center of the capitol, we want to increase our local presence and develop new attractive business opportunities in Russia.”