Russian assets of France's Renault now state property: ministry
"Agreements were signed on the transfer of Russian assets of the Renault Group to the Russian Federation and the government of Moscow," the industry and trade ministry said in a statement.
- Economy
- AFP
- Published Date: 09:22 | 16 May 2022
- Modified Date: 09:45 | 16 May 2022
Russian assets of French car maker Renault have become state property, the industry and trade ministry said on Monday, as foreign companies leave the country amid Moscow's military campaign in Ukraine.
"Agreements were signed on the transfer of Russian assets of the Renault Group to the Russian Federation and the government of Moscow," the ministry said in a statement.
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