Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ; option to buy back in future
Green Car Congress
MAY 17, 2022
The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest in AVTOVAZ to NAMI (the Central Research and Development Automobile and Engine Institute).
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