The joint venture of Renault and Rosteha has completed the redemption of the shares of the car factory.
GC "Rostekh" and Renault can redeem 100% of the shares of PJSC "AvtoVAZ".
Renault bought a share in the Russian automaker from Nissan.
The dynamics has slowed in comparison with 2015 amid the market stabilization, but there's still the problem with surplus labor force.