PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" can sell Renault S.A. for Federal State Unitary Enterprise NAMI ruble

Renault S.A. can sell 67,6% belonging to it in PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" "for ruble" to subordinated Minpromtorg Federal State Unitary Enterprise NAMI, and the plant in Moscow — to Moscow Government, the minister of the industry Denis Manturov reported. But company, according to him, will receive an option for repayment of the share in some years. Thus, by data newspaper "Kommersant", the French autoconcern discussed the monetary transaction, and the Russian officials demanded from them the right for new models — the ruler PUBLIC JOINT-STOCK COMPANY "AUTOVAZ" had to be updated actively with help platforms of Renault S.A. CMF-B already since the end of 2022, and also the license for their release. Photo: Chizhenok Alexander...