Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Faurecia SE is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2018 it was the 9th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission control technology. One in three automobiles is equipped by Faurecia.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
71
Assets(RF), mln.USD
119
Capital(RF), mln.USD
79
Glob.Revenue, mln.USD
26768
Offices
2
Plants
5
Staff(RF), 2021
1168
Taxes(RF), mln.USD
1

5 plants, 2 offices in Russia

The Company Statement
January 16, 2024

Faurecia has decided to disengage from Russia and completed depreciation of related assets. Russian top managers can buy the assets of a major auto components manufacturer Faurecia in Russia, they have already registered a new company for this. Faurecia plans to leave the Russian Federation became known at the beginning of 2023: the company referred, among other things, to the cessation of work of foreign automakers. The assets of the French manufacturer of auto components Faurecia in Russia were transferred to the company of its Russian top managers - "Format Invest".

January 17, 2024The French manufacturer of auto components Faurecia got rid of assets in Russia
August 16, 2023Faurecia localizes buyers - Russian auto component plants can be bought by local management
February 20, 2023FORVIA Faurecia’s FY 2022 results
October 12, 2021Faurecia Russia new production facility
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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