27
Apr
14:12
Renault transfers stakes in AVTOVAZ to NAMI: minister
The French automaker Renault, which also produces electric vehicles (EVs), intends to transfer its 68% stake in the capital of Russian carmaker AVTOVAZ to Russian science institute NAMI, says the head of Russian Ministry of Industry and Trade Denis Manturov.
“The cost of a transaction with a buyback option within 5-6 years will be RUB 1 ($0.013),” he said to Russian media. “The sale of Renault's stake in AVTOVAZ to Chinese and Korean companie…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous