This was stated by Moscow Mayor Sergei Sobyanin.
Moscow Mayor Sergei Sobyanin announced that the Moscow Renault plant is becoming the property of the capital.
According to him, the company will be used for the production of cars, as before.
So, the authorities intend to resume the production of Moskvich cars.
The mayor explained that the decision was made after the previous owner of the plant, Renault represented by Renault Russia CJSC, announced the closure of the enterprise.
“It’s his right,” Sobyanin said.
He added that the authorities of the capital will do everything possible so that the employees of the plant do not lose their jobs. So the idea of transferring to the city balance and renovation of the domestic brand arose.
Shortly before that, the Ministry of Industry and Trade reported that all Russian assets of the French company will become state property.
So, in addition to the Moscow plant, Renault’s share in AvtoVAZ, which is 67.69% of the automaker’s shares, will go to FSUE NAMI. And the remaining shares of AvtoVAZp will be retained by Rostec State Corporation.
As for car maintenance, Renault service in Russia will go to AvtoVAZ, which will continue to produce Lada models.
The department explained that the French company has the right to buy back the stake for another six years.
Earlier, Topnews wrote that the head of Renault and Nissan, Carlos Ghosn, was arrested in Japan.
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