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17 Mar
13:36

Toyota’s plant in Russia to become state property

Russia’s Ministry of Industry and Trade is working on transferring the Russian assets of Toyota to the ministry’s NAMI division, Russian industry and trade minister Denis Manturov said on the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress in Moscow last week. Since last December, Japanese carmaker Toyota’s plant in St. Petersburg, which previously suspended production, has been undergoing a “conservation procedu…
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