“No door should be closed.”
At Bercy, this is how they explain the option left to Renault to buy back the 68% of AvtoVAZ that it has just sold for one ruble to the Russian Institute for Research and Development of Automobiles and Engines.
A ridiculous sale price justified by the state of the Russian market and by the high cost of a status quo (it implies continuing to pay salaries so as not to infringe the Russian law on fraudulent bankruptcies), but also by the possibility of a step back.
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The departure of Renault from Russia: an uncertain future due to a lack of equipment manufacturers
“Most of the sales of Russian subsidiary are in fact settings in nurseries
, assures a company director.
Western groups keep the option of returning to Russia.
None want to sit on heavy investments.
The unexpected invasion of Ukraine by the army of Vladimir Putin, on February 24, destabilized the Western groups present in Russia, in particular the French.
Received on March 4 at the Élysée by Emmanuel Macron, around fifteen big bosses…
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