Renault-Nissan And Russian Technologies Create Joint Venture To Finalize Strategic Partnership With AVTOVAZ
As part of the deal, Russian Technologies is restructuring its outstanding loans with AVTOVAZ with RUB8 billion ( US$258 million) proceeds from the anticipated sale of AVTOVAZ's non-core assets being used to repay part of Russian Technologies loans.
For the full release, go to: http://www.media.blog.alliance-renault-nissan.com/news/3566
Video news release and b-roll also available on the site.
SOURCE Renault-Nissan Alliance
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