Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Skoda a. s. is the largest car manufacturer in the Czech Republic.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
17507

VW's Skoda in final stages of deal to sell Russian assets, says CEO.

The Company Statement
March 16, 2023

Halted production and promised to stop exports. But official dealers are still active and selling cars. Website in Russia https://www.skoda-avto.ru/ is active for Russian IP addresses and it says that "ŠKODA brand website is currently not available outside Russian Federation." if to use VPN. OFAC has removed Skoda from the Sectoral Sanctions Identifications List.

May 05, 2023Issuance of Russia-related General License
April 13, 2023Volkswagen taxied out of arrest: the court completely lifted restrictions on the automaker's assets in the Russian Federation
March 17, 2023"There is no chance of resuming the production of cars in Russia." How VW will leave
March 16, 2023VW's Skoda in final stages of exit from Russia
January 17, 2023The mobile applications of Skoda, Kia, Infiniti and Nissan have stopped working in the Russian Federation
March 03, 2022Statement on the Volkswagen Group's business activities in Russia
March 03, 2022Skoda Auto suspends its activities in Russia
Website in Russia
Buy a new Skoda. Sale of Skoda cars from official dealers, prices.
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