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
Renault Group
Renault Group
Groupe Renault is a French multinational automobile manufacturer. The company produces a range of cars and vans.
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 CompletedGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100Glob.Revenue, mln.USD
48778
Renault Russia was a Russian automotive company, part of the Renault group. Headquartered in Moscow, production facilities were located in Moscow and Togliatti. For 2015, it was included in the list of backbone organizations in Russia. Russia to launch Moskvich car production at former Renault plant in December 2022.
The Company Statement
February 16, 2023
Sell Renault Russia; transfer Moscow factory to city government and partner for local brand production. 03.06.2022: Full name changed from CJSC "RENO RUSSIA" to JOINT STOCK COMPANY "MOSKOVSKY AVTOMOBILINY ZAVOD "MOSKVICH". The French company sold its stake in Russia’s largest automaker for one ruble, with the option of returning within six years. Russian car dealers are suing Renault over the group's exit from the market.
| November 22, 2023 | Russian car dealers are suing Renault over the group's exit from the market |
| November 15, 2023 | We’ve arrived: foreign cars have begun to be blocked in Russia without software |
| September 12, 2023 | Information technology at AvtoVAZ |
| September 12, 2023 | MAZ Moskvich (1C implementation) |
| August 06, 2023 | European companies suffer €100bn hit from Russia operations |
| June 21, 2023 | AvtoVAZ closed the deal on the acquisition of Renault-Nissan alliance by RN Bank |
| December 26, 2022 | Russian electric car "Moskvich" assembled from Chinese parts went on sale at the price of Tesla |
| December 06, 2022 | Letter sent by B4Ukraine to the company (no response provided) |
| November 20, 2022 | Russia to launch Moskvich car production at former Renault plant in December |
| July 13, 2022 | The French company Renault announced a nearly 30% drop in sales in the first half of 2022. |
| May 25, 2022 | Renault chairman: Not ruling out any mid-term options after Russia exit |
| May 16, 2022 | Renault strikes a deal to exit Russia, for now |
| May 16, 2022 | Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ |
| April 27, 2022 | Renault has decided to whom to transfer a stake in AvtoVAZ |
| March 23, 2022 | Renault industrial activities in Russia are suspended |
| March 23, 2022 | Renault suspends Russia business, lowers outlook |
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