IFC, RENAULT-NISSAN ALLIANCE SUPPORT RUSSIAN AUTO PARTS MAKERS, PROMOTING ECONOMIC GROWTH

Moscow, Russia, November 25, 2013—IFC, a member of the World Bank Group, and the Renault-Nissan Alliance are joining forces to provide advice and technical support to auto parts makers in Russia, part of an effort to foster economic growth across the country. IFC and Renault-Nissan will help suppliers improve their […]

RENAULT-NISSAN ALLIANCE AND RUSSIAN TECHNOLOGIES AGREE TO CREATE JOINT VENTURE TO ACQUIRE A MAJORITY STAKE IN AVTOVAZ

•    Renault-Nissan and state corporation Russian Technologies will form joint venture to accelerate product launches and technology transfer to AVTOVAZ, Russia’s largest carmaker. •    Renault-Nissan will invest about US$750 million, and Russian Technologies will favorably restructure debt as they form the joint venture. •    Renault-Nissan will get a majority stake […]

RENAULT-NISSAN ALLIANCE AND RUSSIAN TECHNOLOGIES AGREE TO CREATE JOINT VENTURE TO ACQUIRE A MAJORITY STAKE IN AVTOVAZ

  • Renault-Nissan and state corporation Russian Technologies will form joint venture to accelerate product launches and technology transfer to AVTOVAZ, Russia’s largest carmaker. • Renault-Nissan will invest about US$750 million, and Russian Technologies will favorably restructure debt as they form the joint venture. • Renault-Nissan will get a majority […]