Automaker takes major financial hit from quitting Russia ...News

Russia Today - Economy
Automaker takes major financial hit from quitting Russia
source : Russia Today ( News ) () 18
Renault took an over $2 billion writedown on the withdrawal French automaker Renault estimates it lost €2.3 billion ($2.34 billion) in the first half of this year as a result of pulling out of Russia, its second-biggest market, the company said in its financial report published on Friday. “The result of discontinued operations represents a loss of €2.3 billion in 2022 H1, mainly due to the impairment of the property, plant and equipment, intangible assets and goodwill of AVTOVAZ and Renault Russia as well as the impairment of specific assets held by the other entities of the Group and the result of disposals on t

Hence then, the article about automaker takes major financial hit from quitting russia was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Automaker takes major financial hit from quitting Russia )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
CGTN: polityka wewnętrzna Chin: kluczowe priorytety płynące z inspekcji i spotkań prowadzonych przez prezydenta Xi w 2025 roku
PR Newswire - before 10 hours & 18 minute
TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF
PR Newswire - before 8 hours & 33 minute
Discovery Point Franchising, Mooresville Celebrates One Year of Learning, Growth, and Community Impact
PR Newswire - before 6 hours & 54 minute
Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026
PR Newswire - before 5 hours & 50 minute
Cango Inc. Verzekert 10,5 miljoen USD aan investeringen van EWCL om de groei te versnellen
PR Newswire - before 10 hours & 33 minute
TennRich expande el ecosistema de energía portátil Energizer® en Europa con disponibilidad inmediata de stock
PR Newswire - before 10 hours & 3 minute
NatGold Token Reservations Surpass a Quarter Billion Dollars, Marking a Year-End Milestone
PR Newswire - before 4 hours & 11 minute
The Growing Backlash Against Data Center Expansion
OILPRICE - before 6 hours & 12 minute
Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board
PR Newswire - before 7 hours & 4 minute
Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling
SABA NET - before 6 hours & 52 minute
How to do Martin Lewis-backed 1p savings challenge in 2026
INDEPENDENT - before 7 hours & 2 minute
Khachkar Studios Publishes New Systems Map of a Failing U.S. Armenian Christian Ecosystem
PR Newswire - before 8 hours & 56 minute


Latest News

Le retour au pays d'Edward, de Quzhou dans le Hebei aux champs d'Afrique

1 minute

South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports

before 8 minute

CGTN: V rámci domácej agendy Číny: kľúčové priority z inšpekcií a stretnutí Si Ťin-pchinga v roku 2025

before hour & 6 minute

Electric Vehicles and Nuclear Power Are Fighting Over One Obscure Mineral

before 2 hours & 5 minute

Protests Push Iran Into a New Phase of Turmoil

before 4 hours & 9 minute

NatGold Token Reservations Surpass a Quarter Billion Dollars, Marking a Year-End Milestone

before 4 hours & 11 minute

Greener stays, greater impact: How Wyndham Hotels are powering sustainable travel in Saudi Arabia

before 5 hours & 40 minute

Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026

before 5 hours & 50 minute

Liberia: Liberia Eyes U.S.$3b Revenue Potential From Mining, Energy Sector

before 5 hours & 56 minute

The Growing Backlash Against Data Center Expansion

before 6 hours & 12 minute

Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling

before 6 hours & 52 minute

Discovery Point Franchising, Mooresville Celebrates One Year of Learning, Growth, and Community Impact

before 6 hours & 54 minute

How to do Martin Lewis-backed 1p savings challenge in 2026

before 7 hours & 2 minute

Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board

before 7 hours & 4 minute

COLE HAAN UNVEILS GRANDPRØ TENNIS 2.0: A NEW ERA OF LIGHTNESS INNOVATION

before 7 hours & 20 minute