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
Nissan
Nissan
Nissan Motor Co., Ltd. is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, with in-house performance tuning products labelled Nismo.
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 CompletedTop 100 largest companies in Russia by revenue
Top 100Glob.Revenue, mln.USD
87308
Had an operating plant in Russia. State intentions to halt production due to logistical challenges (sold 53,000 vehicles in Russia in 2021). Nissan Takes $687 Million Loss as Sells Russian Business for 1 Euro.
The Company Statement
November 23, 2022
Nissan has formally completed the sale of its Russian legal entity to NAMI, the Central Research and Development Automobile and Engine Institute. NISSAN MANUFACTURING RUS LLC was sold on 23/11/2022. Nissan will no longer service its cars in Russia. Employees of the former Nissan plant in Russia were sent on vacation. The former Nissan site in Russia, Avtozavod St. Petersburg, will stop assembling Xcite cars from July 22. Interfax reports on sending employees of the enterprise on vacation with reference to the company's press service.
| March 14, 2025 | Nobody is ready to return: The Bell interviewed the largest Western companies about returning to Russia |
| July 17, 2024 | Employees of the former Nissan plant in Russia were sent on vacation |
| May 24, 2024 | A Chinese car assembly plant was stopped near St. Petersburg |
| September 11, 2023 | Nissan will no longer service its cars in Russia |
| June 21, 2023 | AvtoVAZ closed the deal on the acquisition of Renault-Nissan alliance by RN Bank |
| June 21, 2023 | Avtovaz completes deal to buy Renault-Nissan's Russian finance business |
| March 11, 2023 | Nissan Takes $687 Million Loss as Sells Russian Business for 1 Euro |
| February 07, 2023 | AVTOVAZ closes deal to acquire NISSAN assets in Russia |
| January 17, 2023 | The mobile applications of Skoda, Kia, Infiniti and Nissan have stopped working in the Russian Federation |
| September 12, 2022 | Nissan extends suspension of Russia factory for three months |
| August 28, 2022 | Nissan suspends production in Russia for first half of fiscal year |
| March 07, 2022 | Nissan announced the shutdown of its plant in St. Petersburg |
| February 08, 2022 | Nissan Offers Support To Humanitarian Crisis In Ukraine |
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