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French carmaker Renault to suspend Moscow operations

Business 13:42 24 Mar, 2022

French car manufacturer Renault will suspend operations at its Moscow

French carmaker Renault to suspend Moscow operations

French car manufacturer Renault will suspend operations at its Moscow factory after coming under criticism from Kyiv from remaining in Russia, Qazet.az reports.

In a statement, it said that it was also considering "the possible options" for its Russian affiliate AvtoVAZ, it owns a 69% stake in AvtoVAZ.

This comes after Ukraine's foreign minister called for a boycotting the company for its earlier refusal to leave Russia.

"I call on customers and businesses around the globe to boycott Renault," Foreign Minister Dmytro Kuleba tweeted on Wednesday. He welcomed Thursday's announcement.