Ukraine war: Russia nationalises Renault’s Moscow plant

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It is the first Russian nationalisation of a major foreign business since the invasion of Ukraine. …

Renault boss Luca de Meo said: “Today, we have taken a difficult but necessary decision; and we are making a responsible choice towards our 45,000 employees in Russia, while preserving the group’s performance and our ability to return to the country in the future, in a different context.”

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