The Limited Times

Now you can see non-English news...

Renault is leaving Russia: why the automaker is playing big

2022-05-16T18:50:14.916Z

The group announced on Monday to sell its 2.2 billion euros of assets in Russia for... a symbolic rouble! Financially, the operation

Bad news for Renault.

The group, leader in Russia with the Lada brand, which it had managed to turn around, confirmed on Monday that it was selling its assets to the Russian state.

This is the first major nationalization since the Russian offensive in Ukraine, which took place at the end of February.

Subscribe to read more

Already subscribed?

To log in

Source: leparis

All business articles on 2022-05-16

Trends 24h

Business 2024-04-19T02:45:34.817Z

The three entrepreneurs who dazzled Galperin at the Llao Llao Forum

Business 2024-04-19T04:56:49.840Z

La Poste deploys mobile post office trucks in 5 rural departments

Business 2024-04-18T19:35:32.782Z

“A nightmare scenario”: Biogaran, the French leader in generic drugs, could pass into the hands of Indian manufacturers

Business 2024-04-18T23:40:25.610Z

Argentine bonds are celebrating again while the dollar continues to fall

Business 2024-04-18T13:56:25.299Z

Domino effect: could McDonald's close its branches in Israel because of the war?

Business 2024-04-18T18:08:26.731Z

Domingo Cavallo revealed the risks of the Milei plan: he predicts that inflation will stop falling and warns about the dollar

Latest

Maxime Carmignac: “I overheard my daughter saying to my son: “To fail is to learn.” I learned a lot like that”
2024-04-19T12:50:13.407Z

Welcome to the “artificial”, perfect, docile and AI-generated influencers
2024-04-19T12:44:55.912Z

The Paraguayan president does not like dollarization: the messages left by Santiago Peña at the Llao Llao Forum
2024-04-19T10:36:20.886Z

YPF studies a salary increase of 40% above inflation for its directors
2024-04-19T06:39:16.462Z

La Poste deploys mobile post office trucks in 5 rural departments
2024-04-19T04:56:49.840Z

The PP proposes to rebate 100% of the donation tax for amounts intended for the purchase of a home
2024-04-19T04:02:42.454Z

The three entrepreneurs who dazzled Galperin at the Llao Llao Forum
2024-04-19T02:45:34.817Z

Debate of the fiscal package: opposition pressure for the update of Profits, tax expenses and tobacco tax
2024-04-19T02:35:53.230Z

The EU's ambition to not fall behind the US is slowed by the reluctance of small countries
2024-04-19T01:23:44.757Z

Home delivery of groceries: after Cajoo, Gopuff, Gorillas, Flink “will be liquidated” in France
2024-04-19T01:11:07.514Z

For the Olympics, SNCF is developing an instant translation application
2024-04-18T23:56:24.154Z

Argentine bonds are celebrating again while the dollar continues to fall
2024-04-18T23:40:25.610Z

Georgieva says immigration is acting as an economic engine for the United States
2024-04-18T22:15:46.750Z

Slight drop in loan interest after the Central Bank's rate cut: when will credit rebound
2024-04-18T22:14:41.124Z

Olympic bonuses: a police union threatens the government with mobilization
2024-04-18T22:01:27.348Z

With their new application, SNCF agents can speak 130 languages
2024-04-18T21:57:00.429Z

Free sale of 22 medications: the union came out to defend pharmacies against the Government and laboratories
2024-04-18T21:50:57.539Z

Luis Caputo-IMF meeting: the meeting was "positive", but expectations of fresh funds cool
2024-04-18T20:46:32.078Z

At the Wheel of HERACLES LIMOUSINES: Behind each car, a Captivating Story
2024-04-18T20:34:20.437Z

“A nightmare scenario”: Biogaran, the French leader in generic drugs, could pass into the hands of Indian manufacturers
2024-04-18T19:35:32.782Z

The participation of workers in the production "pie" is at its lowest point
2024-04-18T19:26:15.043Z

Caputo met with investors in Washington: what they asked him and what he said about the dollar, the adjustment and the stocks
2024-04-18T18:57:50.435Z

“No traces of water”: after breakdowns at his gas stations, Michel-Édouard Leclerc responds to the accusations
2024-04-18T18:55:10.366Z

Kristalina Georgieva said that inflation in Argentina "is falling faster than we initially expected"
2024-04-18T18:31:24.800Z

Domingo Cavallo revealed the risks of the Milei plan: he predicts that inflation will stop falling and warns about the dollar
2024-04-18T18:08:26.731Z

A pensioner in public housing won NIS 8 million: "I read in the horoscope that I have a successful year ahead of me"
2024-04-18T17:43:33.300Z

Domino effect: could McDonald's close its branches in Israel because of the war?
2024-04-18T13:56:25.299Z

Consumption: wine favored by the French over beer and champagne
2024-04-18T12:05:08.760Z

TotalEnergies: certain shareholders wish to put an end to the accumulation of functions of CEO Patrick Pouyanné
2024-04-18T11:35:49.566Z

TotalEnergies: a coalition of shareholders wants to put an end to the accumulation of functions of CEO Patrick Pouyanné
2024-04-18T11:30:48.794Z

Danone: turnover fell by 2.5% in the first quarter, but increased on a comparable basis
2024-04-18T10:57:02.783Z

MK Lieberman: "The economy is on a crash course, the coalition is crazy"
2024-04-18T10:04:18.173Z

Spain wastes foreign talent: one in two immigrants works below their qualifications
2024-04-18T09:46:09.445Z

City of Anaheim approves largest Disneyland expansion in nearly 30 years
2024-04-18T09:44:24.335Z

From China to Spain: these will be the most indebted countries in the world at the beginning of 2030
2024-04-18T09:39:40.782Z

At the Port of Ashdod they were amazed by the new CEO: "A banker without a background in shipping, Miri Regev's Yasman"
2024-04-18T08:59:01.874Z

Chats by the fireplace, the modality chosen by Marcos Galperin at Llao Llao
2024-04-18T08:02:32.908Z

“The minimum wage in France is not sufficient”: the Michelin group announces the establishment of a “decent” salary for all its employees
2024-04-18T02:14:14.711Z

G20: Brazil proposes an international tax for billionaires, France is in favor
2024-04-18T01:19:26.496Z

Property sales: two signs that could show a reactivation
2024-04-18T00:35:27.773Z

Tax changes: the Government's proposal for Profits, Monotax, Personal Assets, money laundering and tax moratorium
2024-04-18T00:04:27.619Z

Ecuador: electricity rationed due to “historic” energy deficit
2024-04-17T23:20:13.298Z

“Every person boarding a Boeing is at risk”: four whistleblowers testify before the US Senate
2024-04-17T23:08:58.626Z

$56 billion for Elon Musk: Tesla wants to pass its boss's huge compensation plan
2024-04-17T22:54:16.858Z

The IMF warns of the risk of increasing the deficit in the great global election year
2024-04-17T22:01:53.992Z

Cos warns of the risk that artificial intelligence amplifies banking crises
2024-04-17T22:00:16.444Z

Prepaid: fees should drop by 33% on average, according to the Government
2024-04-17T21:38:34.537Z

Boeing tries to defuse the long-haul crisis
2024-04-17T20:55:56.364Z

Florent Menegaux, president of the Michelin group: “The minimum wage is not a decent salary”
2024-04-17T20:55:21.922Z

ANSeS Sustainability Fund: valued 17% in dollars in February
2024-04-17T20:20:15.852Z

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Renault is leaving Russia: why the automaker is playing big

You may like

New Renault and Volvo AB electric vans in Sandouville - Industry and Analysis

Attack in Moscow: the gray areas of the investigation

Fusion of SUV and fighter jet: Daring model name for new Renault SUV

In the midst of the tension between Horner and the Verstappens, a key meeting to calm the Red Bull internal situation

Renault: the new electric R5, a smart and techy little city car

In 1924 the Bugatti 35 was born

Video shows unusual fight: drone leaves nothing left of Russia's grenade launcher robot