Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
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 or liquidated local entity(ies)
Exited Exit Completed5 plants, 2 offices in Russia. The Tolyatti Automotive Components Plant, which belonged to Faurecia, which left the Russian Federation, may change its owner again.
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".