💰 Russian court freezes all Volkswagen assets in Russia

TL;DR

Volkswagen, along with other foreign carmakers, suspended operations in Russia last year after western countries imposed unprecedented sanctions on Moscow over the conflict in Ukraine. It also said Volkswagen was in the process of applying to Russian state authorities for approval to sell its stake in Volkswagen Group Rus, including a plant in Kaluga with more than 4,000 employees "to a trustworthy Russian investor". See here for a complete list of exchanges and delays

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