Renault Continues Operations in Russia Despite International Brand Pullout

French car maker Renault resumed its productions in Moscow on Monday as other international firms shut off their operations in Russia.

Over 400 companies had reduced or halted operations in Russia as a response to the call of European and international communities to put economic pressures toward Russia over Ukraine’s invasion, reports said.

Renault reopened its plant in Moscow after suspending operations late February because of component shortages brought by logistical challenges.

Groupe Renault brand LADA produces cars primarily for Russia. In 2021, LADA comprised 21 percent of the country’s domestic car market.

In a statement on Tuesday, Renault said that the company prioritizes to protect its employees. Reports said that 36,000 people in Russia work for Renault.

“Given the day-by-day evolution of the conflict, we study the developments of the situation and steer our course of action in real time with the priority of protecting our employees,” Renault said.

The car maker also said that the brand is complying with the international call against Russia.

“We are implementing all the necessary measures to comply with European and international sanctions. As stated, our first priority is the safety of our employees. Some have been repatriated and we remain in constant contact with all those who remained in Ukraine.”

Several brands including Nokian Tyres, Leroy Merlin, Nestle, Koch Industries, Credit Suisse, and AstraZeneca still continue to operate in Russia despite backlash.


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