On the eve of Mercedes-Benz, it announced its withdrawal from the Russian market and the sale of a stake in its subsidiaries to Avtodom. Rustam Nazarov, director of the sales department of Gazprombank Autoleasing, calculated that the loss of business in Russia would cost the German group two billion euros.
At the same time, he noted that the main losses are not related to the cessation of sales of Mercedes: last year, about 45 thousand cars were sold in Russia, which is 2% of total sales.
“Another thing is the company’s assets in our country, which the company itself estimates at the level of two billion euros, with group profit before interest and taxes worldwide at the level of 29 billion euros. If the Russian business of Mercedes-Benz is transferred at face value to a new owner, the losses will be significant.” — explained the expert RIA Novosti.