11 minutes agoVolkswagen” sells assets in Russia
Periskopi(3 years ago)
(3 years ago)German automaker “Volkswagen” has sold its assets to a Russian company in Russia. A written statement by “Volkswagen” says the company has completed the sale of its assets in Russia, the Russian company “Avilon”. The company's production complex [...] is also sold under the agreement.
German automaker “Volkswagen” has sold its assets to a Russian company in Russia. A written statement by “Volkswagen” says the company has completed the sale of its assets in Russia, the Russian company “Avilon”.
Under the deal, the company's production complex and located in Kaluga has also been sold, says the statement noting that the deal has also been approved by Russian officials.
Russian news agency “Interfax” in its May 12th news said the deal was worth $125m. Previously in Russia, companies' assets “Mercedes”, “Renault” and “Nissan” were transferred to the Russian government.
