Lada Vesta Cross
| photo: AvtoVAZ
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According to Mantur, there may be a transaction of options that will allow Renault to repurchase the contract within five and six years. The minister also said that according to his Moscow factory, Renault would transfer to the Moscow municipality.
According to Reuters, this information could be one of the first examples of how the Russian councils intend to deal with the activities of collapse companies that are being withdrawn from Russia as a result of the wolves in Ukraine.
Renault missed it and announced that it had decided to suspend its activities in Russia and began to examine how it would be able to handle its factory in Moscow, which produced Renault and its shareholding in AvtoVAZ, which produced Lady (tte here). The company also stated that in connection with the perennial activities in Russia, it could depreciate and 2.2 billion euros (approximately 54 billion crowns).
According to Interfax, Renault employs around 45,000 people in Russia. At present, Dr. Renault has 67.61 percent in the first entity Lada Auto Holding, the rest belongs to Rostech. Under their difficult emergence of five model series: Vesta, XRAY, Largus, Grant and Niva, which were sold in 20 countries around the world.
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