Renault announced the suspension of the plant in Moscow

Board of Directors of the Renault Group at a meeting on March 23rd decided to suspend the work of the Renault plant in Moscow. This is stated in the official statement of the automaker. It also states that the group is considering options regarding its stake in AVTOVAZ, but promises to act responsibly towards its 45,000 employees in Russia.

As noted, the Renault Group is already taking all necessary measures to comply with international sanctions. At the time of preparation of the material, the press service of Renault Russia did not provide a comment to the request of the AUTOSTAT agency. Recall that at present, the Renault plant in Moscow produces Renault Duster, Renault Kaptur, Nissan Terrano crossovers, as well as the Renault Arkana coupe-crossover.

The production capacity of the enterprise is 188 thousand cars per a year. Renault's total investment in the Moscow plant reaches 480 million Euros. The company meets high standards of quality and production processes, also due to the high level of robotization and innovation.