Reuters29d
Renault's Russia buyback to cost at least $1.3 billion, says Russia's Avtovaz
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 ...
Hosted on MSN25d
Russia Bought Renault’s Plants For 1 Cent, Now Wants $1.3 Billion To Sell Back
Russia’s major automotive research facility has invested over $1 billion in local operations. AvtoVAZ’s chief executive says it’s only fair for Renault to compensate it for the money spent.
Business Insider26d
Russia is using the French carmaker Renault to teach Western companies a lesson about leaving its market
Renault exited the Russian market in 2022, selling its assets for a single ruble. Now, the French carmaker may need to pay 112.5 billion rubles — about $1.3 billion — if it seeks to return ...
Hosted on MSN28d
Renault must pay $1.3bn if it wants to re-enter Russian market
French carmaker Renault must repay at least RUB112.5bn ($1.3bn) of the money invested in by its Russian partner AvtoVAZ in the joint venture during its absence AvtoVAZ President Maxim Sokolov said ...
Western companies are in no hurry to go back to Russia
The Trump administration has been seeking a cease-fire deal with Moscow, spurring discussions about a return of Western ...
TASS28d
Renault must pay $1.3 bln if it wants to re-enter Russian market — AvtoVAZ CEO
Maxim Sokolov noted that after Renault left Russia, annual investment in AvtoVAZ increased MOSCOW, February 25. /TASS/. To return to the Russian market Renault will have to reimburse at least 112. ...
Yahoo Finance28d
Renault's Russia buyback to cost at least $1.3 billion, says Russia's Avtovaz
(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 ...