By Ben Aris in Berlin Russian President Vladimir Putin told the country’s leading oligarchs that Western companies that ...
Sokolov says that Renault had been investing roughly 20-22 billion rubles (~$226-249 million) into AvtoVAZ annually before it left. He believes it’s only right for the French brand to reimburse NAMI ...
Renault's former Russian partner said the carmaker might need to pay $1.3 billion to reenter the market.Renault exited Russia in 2022, selling its assets for 1 ruble amid Western sanctions.Foreign ...
Feb 25 (Reuters) - Should French carmaker Renault (RENA.PA), opens new tab wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ...
Now, while there is hope that the war in Ukraine may end, the question arises whether Western companies that have left Russia ...
MOSCOW. March 18 (Interfax) - French automaker Renault, which has left Russia, could still return to car maker Avtovaz as a shareholder, but no such talks are currently underway, Sergei Chemezov, the ...
Russian automaker AVTOVAZ has stated that Renault will need to compensate up to $1.3 billion if it wishes to re-enter the Russian market and regain i ...
(Reuters) - Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ($1.3 billion) to cover investments ...