Renault says it is suspending its industrial activities in Russia but has not stated whether it will leave the country entirely. The French automaker owns a majority stake in Russia's AvtoVAZ ...

French carmaker Renault must repay at least RUB112.5bn ($1.3bn) of the money invested in by its Russian partner AvtoVAZ in the joint venture during its absence AvtoVAZ President Maxim Sokolov said ...

Renault had also owned a controlling interest in Avtovaz, parent company of the popular Russian car brand Lada. In its statement this week, Renault said that controlling interest was sold to the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Renault is suspending some of its Russian operations indefinitely and is preparing to walk away from its ...

The French company will sell its stake in Russia’s largest automaker for one ruble, with the option of returning within six years. By Liz Alderman PARIS — The French automaker Renault ...

PARIS, March 24 (Reuters) - Renault's (RENA.PA), opens new tab Chief Executive Luca de Meo warned on Thursday that the automaker's retreat from Russia creates a "very complex situation" for the ...

Feb 25 (Reuters) - Should French carmaker Renault (RENA.PA), opens new tab wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ...

Photo: Vlad Karkov/Zuma Press Renault said Monday that it was handing over its stake in Russian car maker AvtoVAZ to NAMI, a state-backed automotive research and development center. Renault said ...

(Reuters) -Renault is to sell its majority stake in carmaker Avtovaz to a Russian science institute reportedly for just one rouble with a six-year option to buy it back, leaving the door open for ...

PARIS (Reuters) -Renault’s Chief Executive Luca de Meo warned on Thursday that the automaker’s retreat from Russia creates a “very complex situation” for the company, hitting profits and ...