RENAULT Group suspends its industrial activities in Russia

RENAULT Group suspends its industrial activities in Russia


 

RusAutoNews.- As announced by group press office, the Board of Directors of Renault Group has approved the following decisions on 23 March:

  • Renault Group activities in its manufacturing plant in Moscow are suspended as of today.
  • Regarding its stake in Avtovaz, Renault Group is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.

Renault Group reminds that it already implements the necessary measures to comply with international sanctions,” stated in the press release.

The decision is also published on the Renault Group’s official Twitter account.