{"id":1682606,"date":"2022-10-11T05:05:40","date_gmt":"2022-10-11T09:05:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1682606"},"modified":"2022-10-11T05:06:35","modified_gmt":"2022-10-11T09:06:35","slug":"japans-nissan-sells-russian-assets-to-state-trade-ministry-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japans-nissan-sells-russian-assets-to-state-trade-ministry-says\/","title":{"rendered":"Japan\u2019s Nissan sells Russian assets to state, trade ministry says"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjapans-nissan-sells-russian-assets-to-state-trade-ministry-says%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1682606&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>MOSCOW (Reuters) -Japanese automaker Nissan is selling its Russian assets to Russian state ownership, with an option to buy back the business within six years, Russia\u2019s industry and trade ministry said on Tuesday.<\/p>\n<p>Nissan in a statement said it had decided to exit the Russian market and expected to incur an extraordinary loss of approximately 100 billion yen ($686.72 million) from the asset transfer. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>The deal marks the latest major company exit since Russia sent tens of thousands of troops into Ukraine in February and mirrors a move by French carmaker Renault, which sold its majority stake in Russian carmaker Avtovaz to a Russian investor in May. <\/p>\n<p>The sale to state-owned NAMI will include Nissan\u2019s production and research facilities in St Petersburg as well as its sales and marketing centre in Moscow, the ministry said.<\/p>\n<p>A source with knowledge of the deal said a \u201csymbolic sum\u201d had been paid. Renault reportedly sold its stake in Avtovaz for one rouble ($0.0157).  <\/p>\n<p>\u201c\u2018Nissan Manufacturing Rus\u2019 is transferring its assets to the state \u2013 a deal of great significance for the industry,\u201d Industry and Trade Minister Denis Manturov said in a statement. <\/p>\n<p>($1 = 145.6200 yen)<\/p>\n<p>($1 = 63.8500 roubles)<\/p>\n<p> (Reporting by Gleb Stolyarov and Caleb Davis; Writing by Alexander Marrow; Editing by Louise Heavens)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/japans-nissan-sells-russian\/attachment\/view-shows-nissan-logo-in-moscow\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/tagreuters.com2022binary_LYNXMPEI9A0FB-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI9A0FB-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOSCOW (Reuters) -Japanese automaker Nissan is selling its Russian assets to Russian state ownership, with an option to buy back the business within six years, Russia\u2019s industry and trade ministry<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1682606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1682606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1682606"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1682606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1682606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1682606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1682606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}