Renault $1.05 billion investment in Russian automotive sector

15/1/2019
Financial investment

$ 1.05 billion

Announced

15/1/2019


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

Jurisdictions:

Japan
France
Russia

Deal type:

Financial investment

Practice area:

M&A

Industry sector:

Automotive


Firm:

Party: Renault (Investor)