Tag: GASOLINE PRICES
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Renault’s Costly Potential Return to Russia: A Lesson for Western Firms
Renault may need to pay about $1.3 billion to return to Russia, where it sold its assets for a single ruble in 2022. Former partner Avtovaz emphasized that repercussions for departing firms could involve financially burdensome conditions. Despite talks of reconciliation, the Russian market presents hazards that deter many Western companies from returning. Russia appears…