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11 Oct
13:06

Russia to nationalise Nissan assets

Japanese carmaker Nissan’s plant in St. Petersburg will become the property of the Russian state, says the Russian Ministry of Industry and Trade. "The Executive Committee of Nissan has approved the sale of its Russian assets in Nissan Manufacturing Rus to the Russian Federation, represented by science institute NAMI, subordinated to the Ministry of Industry and Trade,” the ministry says. “The deal involves the transfer of 100% of Nissa…
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