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Volkswagen is allowed to sell factory in Kaluga, but wants to stay in Russia

  • July 27, 2022
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German automaker Volkswagen plans to sell its Kaluga plant. This can be indicated by the fact that the general manager has changed to the Russian representative office of

Volkswagen is allowed to sell factory in Kaluga, but wants to stay in Russia

German automaker Volkswagen plans to sell its Kaluga plant. This can be indicated by the fact that the general manager has changed to the Russian representative office of the company. A former HR director has been appointed to the position of head. According to experts, this suggests that the Germans nevertheless decided to get rid of Russian assets.

The fact that Volkswagen plans to sell assets in Kaluga is reported by Gazeta.ru, citing its own sources. It turned out that on July 22, the Russian representative office of Volkswagen Group Rus changed CEO: Jan Witte was replaced by Gerrit Spengler. The latter previously held the position of Human Resources Director. This may indirectly indicate that the company is being prepared for sale.

It was also announced that potential buyers have already visited the company. These are two delegations from Kazakhstan and Austria, as well as representatives of the Ministry of Industry and Trade.

Most likely, Volkswagen will not cut ties with Russia completely, but will try to keep the company, albeit in a new capacity. For example, he can develop an umbrella brand through partners in Kazakhstan, under which he will produce models assembled in Kaluga. We will probably find out the details of the deal soon.

The fact that Volkswagen plans to sell assets in Kaluga is reported by Gazeta.ru, citing its own sources. It turned out that on July 22, the Russian representative office of Volkswagen Group Rus changed CEO: Jan Witte was replaced by Gerrit Spengler. The latter previously held the position of Human Resources Director. This may indirectly indicate that the company is being prepared for sale.

It was also announced that potential buyers have already visited the company. These are two delegations from Kazakhstan and Austria, as well as representatives of the Ministry of Industry and Trade.

Most likely, Volkswagen will not cut ties with Russia completely, but will try to keep the company, albeit in a new capacity. For example, he can develop an umbrella brand through partners in Kazakhstan, under which he will produce models assembled in Kaluga. We will probably find out the details of the deal soon.

Source: Avto Vzglyad

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