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French retailer Auchan does not plan to change its Russia strategy

French retailer Auchan does not plan to change its strategy in Russia or the structure of its local operations, the Russian branch of the privately owned company told Reuters in emailed comments. | May 25, 2022

Zurich Insurance to exit Russia by selling business to local team

Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia.. | May 20, 2022

IKEA to pay Russia staff through August

IKEA has extended the period it will pay nearly 15,000 staff in Russia by three months, through August, and may continue to pay workers beyond that. The world s biggest furniture brand. | May 9, 2022

Renault considering separate bourse listing for electric vehicle assets - CEO

Renault Chief Executive Luca de Meo said on Tuesday that the automaker s plans to create a separate division for its electric assets could eventually lead to a separate listing. This. | April 12, 2022

Russian carmaker Avtovaz plans four-day week for three months from June 6

Top Russian carmaker Avtovaz said on Friday it will impose a four-day working week for three months from June, the latest sign that Western sanctions following Russia s invasion of Ukraine are making. | March 25, 2022

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