Volkswagen Group retained control of Volkswagen Bank RUS LLC after the sale of its Russian assets. informs Telegram channel Unlimited.
According to data from the Unified State Register of Legal Entities, 100% of the bank’s authorized capital still belongs to Volkswagen Financial Services AG, the Stuttgart subsidiary of the respective company. Representatives of the bank’s “hot line” said they are now servicing the previously established loan portfolio.
According to the report, the German concern therefore retained its official presence in the Russian Federation. According to experts, Volkswagen has yet to find a buyer who can offer a reasonable price for this asset.
Volkswagen Group last week announced Art-Finance LLC, a subsidiary of the Avilon dealer holding, became the new owner in the sale of Russian assets. The factory in Kaluga and the companies Volkswagen Components and Services, Scania Leasing, Scania Finance and Scania Insurance were transferred to the new owner of Volkswagen Group Rus LLC.
Former Ministry of Industry and Trade of the Russian Federation knowledgeableIt will help the new owner of the Volkswagen plant in Kaluga to restart production.