The Ministry of Industry and Trade announced the terms of the agreement with Renault for AvtoVAZ

Denis Manturov, Head of the Ministry of Industry and Trade, said that AvtoVAZ plans to continue producing cars on a platform developed by Renault with the participation of Russian manufacturers. This has been reported TASS.

According to the head of the ministry, the French company assists in the supply of its components to Russia. We are talking about the supply of components for car assembly from friendly countries.

“The main condition is that Renault makes every effort to facilitate the supply of components from other countries friendly and ready for the manufacture and supply of these products,” said Manturov.

Manturov also pointed out that the decision to transfer Renault’s assets in Russia to state ownership is a compromise.

“We proceed from the fact that the company has the opportunity to return to the capital of AvtoVAZ in six years to continue joint work,” said the head of the Ministry of Industry and Trade of the Russian Federation.

On May 17, it was learned that Renault had a stake in AvtoVAZ. passed It is in state ownership of Russia.

Source: Gazeta


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