The company retains the right to return assets for another 5 years. The automaker giant Ford Motor (USA) announced the sale of Russian assets and withdrawal from the local market.
According to RIA Novosti, the company has bequeathed its assets to a joint venture with Sollers Ford.
Ford’s release, which is referred to by the media, says that the company has finished exiting the Russian market, the asset sale process has been completed, operations in Russia have been suspended.
The document says that she sold her 49% stake in the JV “Sollers” at face value.
At the same time, Ford retains the opportunity to buy back shares for another five years, “ if the situation in the world changes”, the document quotes Interfax “. Other details of the transaction were not disclosed.
Recall that Ford Motor Company announced the suspension of its work at the beginning of its own, on March 2, 2022.
According to “Izvestia ”, which appeal to the information of “Autostat ”, in three days in early October, 2,916 cars of the brand were sold, only 30.3% of total sales.
Analysts recognize Chery (1,148), Haval (771), Geely (538) and Exeed (252) as the most popular car models among Russians.
As Topnews wrote earlier, on October 26, Mercedes-Benz announced its withdrawal from the Russian market. The Russian plant was given to the dealer company “Motorhome”.
They also left the Russian segment due to EU sanctions and with the help of Renault, Nissan, there was a closure of the Russian Toyota plant.
The restrictions will be in effect until December 31, 2022.
Russian President Vladimir Putin signed an order approving a list of 45 Russian banks with shares of foreigners.
All these credit organizations are temporarily prohibited from conducting transactions.
According to TASS, the document contains a list of banks that fall under the action of the order.
These included:
“American Express Bank”;
“Western Union DP Vostok”;
“Goldman Sachs Bank”;
“J. P. Morgan Bank International”;
“Raiffeisenbank”;
“Ozone Bank”;
“OTP Bank”;
“Citibank”;
“Unicreditbank”;
“Yandex Bank”;
“First Investment Bank”;
“Volkswagen Bank Rus”;
PJSC CB “Russian Regional Bank” and others.
The restriction, which is introduced by the document, will work until December 31 of this year, the order says.
In order to make a deal, banks will have to contact the head of the country to obtain a special permit.
According to the media, the document is a continuation of the Presidential Decree “On the application of special economic measures in the financial and Fuel and energy spheres ”, which were adopted on August 5 against the background of the hostile attitude of a number of countries and organizations with a share of foreign capital.
Thus, they were banned from operations that affected the participation of citizens of other countries unfriendly to Russia in Russian companies until December 31.
In particular, it is indicated that banks cannot make transactions with shares, as well as shares or deposits that make up their authorized capitals.
Earlier, Topnews wrote that the IT manager of Raiffeisenbank, who was called up despite the postponement, died in his office.
The American media said that energy weapons are being created in Russia – more powerful than nuclear weapons.
Russian President Vladimir Putin intends to use a new weapon by Christmas.
According to The New York Times columnist Thomas Friedman, this weapon is “ more powerful than nuclear”, and it is an energy bomb.
The journalist believes that “the assembly of ” this weapon is being carried out these days.
Friedman calls it an oil and gas bomb, which Putin, according to the observer, uses in front of the West.
“It will be very painful for us”, – Friedman is sure.
He believes that if these weapons are used, fuel prices will soar into the stratosphere.
The journalist explains that in December Putin may stop the export of Russian fuel for 30 or 60 days.
This, in turn, will raise oil prices to $200 per barrel.
However, the West is torn apart by contradictions on the issue in the gas sector: it wants to leave the economy without hydrocarbons, but at the same time demands low oil prices.
“It will be Putin’s energy bomb and a Christmas gift to the West ”, – adds the journalist.
Earlier, topNews wrote that the media wrote about the possibility of Russia testing nuclear weapons in the Black Sea.
It was reported that weapons were being moved to the Ukrainian borders.
The auto giant has already sold the Russian plant.
The Mercedes-Benz carmaker, which previously estimated its Russian assets at €2 billion, announced the closure of the deal to sell the Russian plant and leave the country.
So, as reported by Kommersant, the building previously owned by Mercedes-Benz Manufacturing Rus, along with services and office, went to the Avtodom dealer.
The concern became the third company that previously produced passenger cars in the Russian Federation, which announced its withdrawal from the Russian market. Earlier, Renault and Nissan announced this, Toyota also closed the plant.
The publication reports that the anti-Russian sanctions of the United States and the European Union prohibit the supply of cars to the Russian Federation if their price exceeds € 50,000. Other measures make it impossible to supply components.
Experts report that it will not be easy to withdraw the company’s assets from Russia. Mercedes reported that because of the sanctions, they revised the work on the Russian car market, for which €709 million was spent, and €658 million was spent on the passenger car section.
It is known that the company built a plant for 25,000 cars in Esipovo, Moscow region three years ago, investing 19 billion rubles. In 2021, sales of the brand’s cars increased by 11%, 43,000 units were sold.
Only 9,100 pieces were sold this year. At the same time, the concern did not sell cars that were in warehouses because of sanctions.
The new owner, GC “Motorhome” – dealer for the sale of luxury cars, its owner – entrepreneur Andrey Olkhovsky. He said in an interview with the media that he was going to produce cars.
And in August of this year “Motorhome” announced negotiations with China in order to get an exclusive for the car distribution of new brands in the Russian Federation.
Earlier, Topnews wrote that the launch of the updated Moskvich brand was planned at the former Renault plant.
Join our VK group to keep up to date with events in Russia and the world
According to representatives of the Central Bank of the Russian Federation, the process of withdrawal and replacement of banknotes will pass unnoticed by citizens.
According to media reports, a large-scale monetary reform continues in the Russian Federation.
Its new stage begins with the New Year. So, according to the Central Bank of the Russian Federation, for the first time since the 90s, money will be withdrawn from circulation.
As the Bank of Russia notes, the monetary reform began in the summer. It is associated with a change in the design of banknotes.
The bills will be updated externally, will receive a new degree of protection against counterfeiting, and will also become more durable.
The renewal process will take place in parallel with the withdrawal of old banknotes from circulation.
First of all, it is expected to replace the 100-ruble bill, the withdrawal of which from circulation will begin next year.
According to the regulator, the process of withdrawing banknotes from circulation will pass unnoticed for residents of the Russian Federation: it will not be necessary to go and specifically change old money for new ones.
However, those who want to get new bills as soon as possible can still apply to the bank for this.
“Plans to modernize banknotes of six denominations by 2025: 10, 50, 100, 500, 1000 and 5000 rubles, ”, – said Deputy Head of the Central Bank of the Russian Federation Mikhail Alekseev.
Earlier, topNews wrote that the Central Bank of the Russian Federation showed a new 100-ruble banknote.
It involves the introduction of a pass regime, the seizure of property, work on defense and others.
Today, on October 19, during a meeting of the Security Council of the Russian Federation, President Vladimir Putin announced that a martial law regime is being introduced in four regions of Russia. These included the Kherson, Zaporozhye regions, Donetsk and Lugansk republics.
According to experts, lawyers of Sotheby’s Dmitry Savochkin, Varvara Knutova and Alexey Lezhnikov, the new status provides for a number of restrictions and can affect the lives of citizens.
In an interview with journalists, they explained that such a regime can be local. It is not necessary to introduce it in the whole country. So, since October 20, martial law has been introduced in four regions, in eight – in the Crimea, Krasnodar Territory, Belgorod, Bryansk, Voronezh, Kursk, Rostov regions and Sevastopol – a medium-level response regime is being introduced, and the remaining 74 will not affect.
Three days after the publication of the Decree of the President of the Russian Federation, the Russian government must submit proposals on measures that will be applied in territories with martial law.
Restrictions on the rights of citizens include the following:
the introduction of a pass regime, verification of documents and inspection of transport and citizens who aroused suspicion. If you do not have any documents with you, the Russian can be taken to the police department for identification;
restriction of freedom of movement on the territory, place of residence up to a complete ban on settlement;
introduction of curfew;
liberation from people, vehicles and objects of individual sites and localities;
temporary resettlement of people to other areas;
strengthening the protection and introduction of a special mode of operation of military, important state and special facilities, as well as life-supporting facilities, transport, communications and communications, energy facilities;
control of communication services and telephone conversations in which the authorities can search for information about terrorist attacks, up to the complete termination of their provision;
prohibition or restriction of meetings, rallies and demonstrations, marches and picketing and other events;
seizure of personal transport from ordinary citizens by the police in order to use it to deliver victims to medical institutions, to pursue terrorists;
introduction of military censorship;
introduction of quarantine, sanitary measures;
seizure of property from legal entities and citizens with reimbursement of its value subsequently;
attracting citizens to work for defense, restoring lost objects, fighting fires and epidemics;
the right to unhindered penetration of counterteroperation performers into the premises and land plots of owners during counterterrorism activities;
prohibition or restriction of travel outside the Russian Federation.
Earlier, Topnews wrote that Vladimir Putin imposed martial law in four Russian regions.
The media analyzed the reasons that could lead to such a decision.
The Russian government is discussing the possibility of disbanding Rusnano.
According to Vedomosti, citing three sources familiar with the situation, the institute has a lot of financial problems that have become more serious after the introduction of anti-Russian sanctions.
Now the state corporation can’t actually serve itself, so the authorities have thought about the expediency of its existence.
In an address to the head of the country Vladimir Putin, Finance Minister Anton Siluanov explained that the support of the organization at the expense of budgetary funds in the current situation creates difficulties. At the same time, it is proposed to preserve the part of the portfolio that is important for the technological development of Russia, and to realize the rest of the assets.
But bankruptcy is one option, the second may be the clearing of Rusnano’s balance sheet, which is already underway. At the same time, it remains as a center for the development of innovation competencies, since the accumulated experience can help in import substitution. the interlocutors say.
Insiders report that now the decision on the fate of Rusnano depends on the President of the Russian Federation and has not yet been finally made.
As a source in the Ministry of Finance explained to the media, the corporation and the new board of directors are being monitored to ensure that all state guarantees taken in the past are fulfilled.
Representatives of Rusnano stated that when considering innovations as a mandatory source of income in the future, it contradicts the principle of venture investment, which is why the state corporation had to resort to complex schemes and manipulations with reporting.
So the management avoided both the recognition of mistakes, but also the responsibility for them of specific persons. Now the debt burden is being repaid, and the proceeds from the Rusnano portfolio amounted to 14.5 billion rubles from January to September. The total amount of receipts from 2021 goals amounted to 52 billion rubles, which is half the value of the historical portfolio.
Rusnano’s debt, according to the source, has been reduced by 33 billion rubles over the past two years, and the remaining 44 billion rubles will be paid by 2024. Over 70 billion rubles have been attracted as investments, he said. According to the company, at the moment Rusnano owes 116 billion rubles.
For development, the company suggests changing the specialization of activities, attracting private capital and reducing the share of state participation (no more than 25%).
In order to ensure the technological direction of the country’s economy, it is proposed to attract sustainable development institutions, prospective customers and consumers of innovative products created as shareholders.
Recall that Rusnano was established in 2007 as a state-owned company for the development of nanotechnology. From the beginning to December 2020, it was headed by Anatoly Chubais. Rusnano’s problems were first discussed publicly in November 2021.
Earlier, Topnews wrote that in April of this year, the new head of Rusnano, Sergey Kulikov, appealed to the Prosecutor General’s Office with a request to audit the work of the state corporation under the previous leadership.
Join our VK group to keep up to date with events in Russia and the world
The data was provided by the National Statistical Service.
Six EU countries have restored trade relations with Russia to the level of February this year. This happened back in June.
According to the data provided by the national statistical Service, the countries that decided to increase imports and exports of products were Bulgaria, Croatia, Estonia, Cyprus, Luxembourg and Slovenia.
It is noted that by mid-summer, imports of goods from Russia exceeded winter figures in 10 European countries (Slovenia, Croatia, Czech Republic, Malta, Spain, Belgium, Luxembourg, Cyprus, Estonia and Bulgaria).
And seven countries’ exports to Russia exceeded the level of February.
At the same time, the largest reduction in the gap is recorded in such states as Austria and Greece.
In general, in the first six months of 2022, exports of goods from the EU to Russia decreased by 31% to 28.4 billion. euro, and imports increased by 83% to 121.7 billion. euro, RIA Novosti notes.
Recall that with the beginning of the CBO, the EU imposed sanctions on Russia to restrict the export and import of various goods.
The export of many types of equipment and consumer goods to Russia has been banned.
Some types of Russian raw materials and products were also included in the import ban.
Earlier, Topnews wrote that the founder of Modern Talking, Dieter Bohlen, condemned the sanctions against Russia.
The concern is shutting down dairy production, although it promised not to do so.
The French concern Danone has announced that it is withdrawing from the Russian market.
According to the company’s management, it intends to abandon the Russian production of dairy and vegetable products.
In a statement posted on the official website of Danone, it is said that the losses from this decision will amount to 1 billion euros.
Recall that the investment processes in the Russian Federation were stopped by the concern earlier, in March 2022. And in April, it stopped supplying the Evian and Alpro brands.
In the future, it is planned to transfer the business to Essential Dairy and Plant-based.
The French side stated that this option would suit its employees, consumers and partners, and would also contribute to the further work of the Russian branch.
It is known that Danone represents in the Russian Federation the brands “Prostokvashino”, “Activia”, Actimel, “Rastishka”, “Danissimo”, Danone, “Bio Balance”, “Actual”, “Smeshariki”, Alpro, Bebelac, “Rastishka”, “Theme”, Nutrilon, “Baby”, Evian. .
Earlier, Topnews wrote that on October 12, the Japanese automaker Nissan announced its departure from Russia.
The Federal Antimonopoly Service found MTS guilty of setting monopolistically high prices for communication services. It is established that in 2022, services for the operator’s subscribers increased by more than 20%.
According to Interfax, the increase in the cost of services affected 28 million subscribers. It all started in January 2022 – services have risen in price by 9.5%. Then MTS explained everything simply: it was necessary to pay its own costs.
In August, MTS re-increased the cost for part of the tariff plans. On average, by 8.4% at once.
And the remaining tariffs rose in September and October by an average of 9.7%.
The increase occurred by a total of 20% at the level of the consumer price index as of the end of August of 10.5%.
“The operator did not provide evidence of the growth of expenses in the amount sufficient to justify the increase in tariffs to the department,” the FAS said in a statement.
Antimonopoly authorities have opened a case against MTS. The company was found guilty of violating the law on protection of competition.
The company now faces a fine – the amount of it will be established during the administrative investigation.
Now the FAS has obliged MTS to reduce tariffs for services to an economically reasonable level.
As Topnews wrote earlier, in August 2020, MTS began to close unlimited tariffs for subscribers. The company explained that they made such a decision based on the analysis of the database.