what are the consequences for the manufacturer?

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FRANCEINFO

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pl. Monnier, B. Delombre, S. Soubane, O. Longueval, O. Gardette, A. Zuelouche, A. Lepinay, N. Sadok – franceinfo

France Televisions

The Renault group announced on Thursday March 24 that it was going to suspend production at its factories in Russia. A withdrawal that could cost him dearly.

On the morning of Thursday March 24, the employees of Renault in Moscow (Russia) avoid questions from journalists. The activity of the factory has been suspended until further notice by the management of the group in Paris. The factory now doesn’t work. Car production stopped. That’s allconfirms, in half a word, a manager.

Russia is the French giant’s second largest market. In addition to the Moscow plant, Renault also has its subsidiary Avtovaz, and employs a total of 45,000 people in Russia. 500,000 vehicles are assembled each year in the country. When they leave work, in Douai (North), the employees seem to be divided. A good thingbelieves one of them, while another notes that “the future is not very serene”. After two years of the epidemic, Renault’s activity was picking up again. Abandoning its Russian subsidiary could now cost it several billion euros.

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