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

Exited Exit Completed

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

Exited Exit Completed

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
6007
Staff
80285
Capital, mln.USD
3726
Taxes, mln.USD
972
Glob.Revenue, mln.USD
48856
Assets, mln.USD
848

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
May 16, 2022

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.

December 26, 2022Russian electric car "Moskvich" assembled from Chinese parts went on sale at the price of Tesla
October 20, 2022Russia to launch Moskvich car production at former Renault plant in December
July 13, 2022The French company Renault announced a nearly 30% drop in sales in the first half of 2022.
May 16, 2022Renault strikes a deal to exit Russia, for now
April 27, 2022Renault has decided to whom to transfer a stake in AvtoVAZ
March 23, 2022Renault suspends Russia business, lowers outlook
February 27, 2022Renault to offload its stake in Lada maker for one rouble, Russia says
March 23, 2022Renault industrial activities in Russia are suspended
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