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Volkswagen is selling its assets in Russia

Volkswagen is selling its assets in Russia

The value of selling the Russian assets of the German Volkswagen car manufacturer was 125 million euros, as stated in the company's semi-annual report.

"The sale price is 125 million euros," the document states. Since November 2007, Volkswagen has been producing cars in the Kaluga region. Volkswagen Group Russia stopped production at its facilities in Russia on March 3, 2022.

 

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