Monday, the first major nationalization of a Western company’s assets since Moscow threatened to punish those leaving the country over Russia’s invasion of Ukraine.Renault will transfer its entire stake in Renault Russia to the city of Moscow and its majority holding of nearly 68% in carmaker Avtovaz to NAMI, a government-backed science institute.
Renault CEO Luca de Meo said the decision was “difficult but necessary” and the “responsible choice” towards the company’s 45,000 employees in Russia.The value of the deal. Renault did not disclose the financial details of the sale, which
Oh no! Here comes the next Yugo!
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'Legendary' Soviet-era Moskvich car could be revived after Renault exitThe 'Moskvich' Soviet-era car brand could make a surprise comeback in Russia, as Moscow takes over assets belonging to Renault following the French carmaker A friend of mine had one back in the days, he described it as pure crap that constantly tried to kill the driver. 🤪
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McDonald's joins companies exiting Russia over 'war' in UkraineThe fast-food giant's decision is part of an exodus of foreign corporations including H&M, Starbucks and Ikea in reaction to Russia's incursion in Ukraine in February. Now Russians will be more healthy than Americans. 🤣🤣🤣 'Incursion' ?! You mean 'attack'/'invasion' of a sovereign country & its neighbor? oryxspioenkop Note the use of incursion in the tweet and ‘war’ in the heading of the article. Really, TRT?
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Renault Group sells Avtovaz stake with six-year buy-back option | AutocarCompany CEO Luca de Meo leaves door open to return to Russia in the future 'in a different context'
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Ukraine: Russians withdraw from around Kharkiv, batter eastKYIV, Ukraine (AP) — Russian troops were withdrawing from around Ukraine’s second-largest city after bombarding it for weeks, the Ukrainian military said Saturday, as Kyiv and Moscow&8…
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Moscow defends arrest of basketball star Brittney GrinerIn a statement Thursday, Russian authorities said that Giner was detained by police in Moscow in February based on “objective facts and evidence.” look at my boobs Old news Isn’t she the one who disrespected the National Anthem… maybe BLM can go save her
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McDonald's to Sell Its Russian Business After 32 Years; Will Try to Keep WorkersThe first McDonald's in Russia was a powerful symbol of the easing of Cold War tensions between the United States and Soviet Union.
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