Announcing its withdrawal from Russia due to the Ukraine War, Renault transferred all its assets in Russia to the Russian government. Renault will be able to “partially” reverse this decision within 6 years if it wishes.
Russia, which declared war on Ukraine a few months ago, faced the reaction of the international public opinion. In this context; While ordinary people’s view of Russia has changed in a negative way, giant companies have also from the country decision to withdraw they had announced. French auto giant Renault was one of the companies withdrawn from Russia. Now, there has been a remarkable development on this issue.
Renault retains all its assets in Russia. handed over to the Russian government. In the statements made by the Russian government, it was stated that the parties had reached an agreement. Thus, all assets of Renault Russia in the country were transferred to the Russian government and the Moscow municipality administration. Renault’s 68 percent share in Avtovaz, the largest automobile company in Russia Switched to Russian organization NAMI.
The transfer fee of Renault Russia is only 1 ruble
It should be said that this transfer process is symbolic. Because, in the statements made by the Russian Industry and Trade Minister Denis Manturov in the past, Renault’s assets in Russia for only 1 ruble announced that it would be transferred. On the other hand; Vladimir Putin also made the decision to take the assets of the companies withdrawn from the country by the government. had supported.
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In the statements made about the transfer of Renault’s assets in Russia, the company’s 68 percent share in Avtovaz can be recovered within 6 years statements were included. So Renault will be able to quickly return to Russia if it wishes. The agreement between the French company and the Russian government you left the door open seems like a clear indication…