2007 Reference document (PDF) - Valeo

Geographical presence
The Group optimizes its industrial footprint on an ongoing
basis in relation to customer demand, markets and
labor costs.
In 2007, Valeo continued its expansion in Asia, as part of its
globalization strategy and approach to accompanying its automaker
Valeo presence by region at 31/12/2007
Activity
Geographical presence
customers. Valeo now has production facilities in each of the world’s
major vehicle assembly regions and new sites based in countries
offering the most competitive production costs.
Production
plants
R&D
centers
Distribution
platforms
Number of
employees
Western Europe
Belgium/Netherlands, France, Germany, Ireland, Italy, Spain, Sweden,
United Kingdom
55 36 6 29,420
Eastern Europe
Hungary, Poland, Czech Republic, Romania, Slovakia, Turkey
13 1 2 10,480
North America
USA, Mexico
14 12 - 6,830
South America
Argentina, Brazil
10 - 1 4,200
Asia
China, India, Iran, Japan, South Korea, Thailand
30 12 - 8,770
Africa
South Africa, Tunisia, Egypt
3 1 - 1,500
125 62 9 61,200
As part of normal operations, the capacity of some sites is currently
being expanded.
At December 31, 2007, the Group’s real estate portfolio (land and
buildings) had a net book value of 526 million euros (see chapter 3,
note 4.3. Tangible assets). It is largely composed of production sites,
mostly wholly owned.
The Group’s equipment is largely made up of technical facilities,
materials and tools. At December 31 2007, they were stated as
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having a net value of 949 million euros excluding fixed assets under
construction (see chapter 3, note 4.3. on Fixed Assets).
Environmental constraints result from the regulations applicable
in this area to all Group establishments (see “The Group”,
section 4.2.2. “Environment”, chapter 2, “Risks and uncertainties”,
section 1. “Industrial and Environmental Risks” and “Environmental
management and performance”).
2007 Reference document - VALEO
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