Renault $1.05 billion investment in Russian automotive sector

Overview:

• Automobile manufacturer Renault has made a $1.05 billion investment in Russian automotive sector though the execution of a special investment contract (SPIK) with the Ministry of Industry and Trade of the Russian Federation.
• The SPIK will support the development of the Renault-Nissan-Mitsubishi Alliance automotive brands in Russia.

Prin Shasiharan - Researcher