Nissan Motor will stop the car plant in St Petersburg

Nissan Motor will stop the car plant in St Petersburg


 

Interfax.-As reported by the company press office, the Japanese automaker Nissan Motor Co is preparing to stop the car production in St Petersburg.

Regarding the Russian operations, Nissan has suspended vehicle exports to Russia and the company expects production stop in the St Petersburg plant,” the press office stated.

In addition, the company announced the creation of a fund of €2.5 million to support victims of the humanitarian crisis in Ukraine.

At the same time, the company will donate €1 million through the fund to the Red Cross and other non-profit organizations. Nissan will also allocate another €1.5 million to ensure financial stability and ongoing support for the company’s employees and their families affected by the crisis.