12:00 - 26.04.2022

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April 26, Fineko/abc.az. The management of France’s concern Renault has announced plans to sell AvtoVAZ.

ABC.AZ reports, citing Russian sources, among the potential bidders for the purchase is a subsidiary of Rostec, as well as structure of the Industry & Trade Ministry.

Renault owns 67.6%. At that, Rostec is under EU sanctions.

Therefore, the company stated that it is considering all options in connection with the current situation.