25 cents deal between Renault and Russia!

The Russia-Ukraine war, which broke out in February, unfortunately continues. While thousands of soldiers and civilians lost their lives in this process, a sanction bombardment was imposed on Russia on the grounds that it attacked Ukraine. French car company Renault also decided to stop production and showed its reaction against the country. Finally, it was announced that all assets of the company in the country were transferred to the Russian state. The 25 cents detail in the deal attracted a lot of attention.

Unexpected 25 cent deal between Renault and Russia

Renault, in March, that is, at the time of the sanctions against Russia, in the country stopped production had explained. The company, which has not taken a step back from its decision until today, has transferred all its assets in the country. Russian It turned out to be handed over to the state.

Statement by the Ministry of Industry and Trade of Russia Renault’s goods in Russia It was announced that an agreement was reached on the transfer of assets to the Russian Federation and the Moscow government. While the financial details of the agreement remain confidential for now, a statement made by Russian Industry and Trade Minister Denis Manturov in April came to mind.

Denis Manturovin April Renault in Russia of their assets 1 ruble, i.e. 25 centsa announced that it would be handed over to the Russian state. Apart from that, after this situation became official, the company world famous news agency AFPHe also refused to answer the question of whether the deal was concluded for 1 ruble.

Under the agreement Renault’s It has been announced that 68 percent of its shares in Russian automaker Avtovaz have been transferred to the automotive institute NAMI. However, the company Right to repurchase share within 6 yearswill have it.

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