German car manufacturer “Mercedes-Benz“They will sell theirs of Russia assets to a local investor, Russia’s Ministry of Industry and Trade announced Wednesday.
The content will continue after the announcement
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“Mercedes-Benz will sell its shares in Russian structural units to local investor Avtodom,” says the ministry.
The ministry explains that the new owner of the Russian units of “Mercedes-Benz” will be able to attract other companies as partners for joint production.
“Mercedes-Benz” confirmed such a plan in a separate statement.
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