27
Apr
14:09
Renault transfers AVTOVAZ stake to science institute: minister
French automaker Renault intends to transfer its 68% stake in Russian carmaker AVTOVAZ to Russian science institute NAMI, says Russian industry and trade minister Denis Manturov.
“The cost of a transaction with a buyback option within 5-6 years will be RUB 1 [$0.01],” he told Russian media. “The sale of Renault's stake in AVTOVAZ to Chinese and Korean companies is not being discussed.”
According to the minister, Renault decided to tra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous