Breaking news… Flash Renault decision from Russia… Detail of 1 ruble

2 mins read

After declaring war on Ukraine, many countries announced sanctions against Russia, while companies increased their sanctions against Russia. In this context, Russia said that they had to find an alternative. The expected step from Moscow has arrived. The assets of the French Renault in Russia were transferred to the Russian state.

Breaking news... Flash Renault decision from Russia... Detail of 1 ruble 1

While the war in Ukraine is in full swing, Russia is experiencing one of the most difficult periods in its history economically.

While the West continues to provide arms to Ukraine, it is trying to stop Russia with sanctions.

While countries are listing sanctions one after another, international companies are trying to corner Moscow economically, so to speak, by deciding to stop their activities in Russia.

Russia has taken a flash step towards companies that have ceased their activities in the country.

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In a last-minute development reported by AFP, Renault’s assets in Russia have been transferred to the Russian state.


Russian Industry and Trade Minister Denis Manturov said in recent weeks that they had to find an alternative because the company stopped its activities in Russia.

Manturov announced that Renault’s assets in Russia would be transferred in exchange for a symbolic “1 ruble”.


The Russian government has proposed that foreign companies that have decided to leave the country be appointed by the state, and Russian President Vladimir Putin supported the government’s proposal.

On the other hand, with the decree signed by Putin, the list of “non-friendly countries” has become official in recent weeks.


The list published by the Russian government included the USA and all EU countries.

Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, North Macedonia, as well as Japan, South Korea, Australia, Micronesia, New Zealand, Singapore and Taiwan were also on the list.


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