Russia relaunches manufacturing of Soviet-era automotive at ex-Renault plant: Report | World Information
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Russia on Wednesday relaunched manufacturing of the Soviet-era Moskvich automotive at French carmaker Renault's former plant within the Russian capital, information companies reported.
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Renault offered its majority stake in carmaker Avtovaz in Could to the Russian state for reportedly only one rouble, however with a six-year possibility to purchase it again. It offered its plant south of Moscow, now renamed the Moscow Car Manufacturing unit Moskvich, for one more rouble.
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