Porsche sells its activities in Russia
- March 20, 2023
- 0
According to a global report from VAG, an agreement has already been reached on the sale of Porsche’s Russian assets. In addition, the sale of the company provides
According to a global report from VAG, an agreement has already been reached on the sale of Porsche’s Russian assets. In addition, the sale of the company provides for a repurchase option within 10 years at the latest.
Apparently, if the German premium brand returns to Russia, then not before 2028. Who will be the buyer of Porsche Russland and Porsche Center Moscow, including the division responsible for financial services, is still unknown.
The Germans valued their company at about 31,000,000 euros. How much Porsche’s assets will actually be sold for is not specified at this time. However, this will be known before the end of the first quarter of 2023.
Meanwhile, according to last year’s results, Porsche AG was recognized as the most valuable car company in Europe in terms of market capitalization. The total value of the automaker reached 85 billion euros.
Apparently, if the German premium brand returns to Russia, then not before 2028. Who will be the buyer of Porsche Russland and Porsche Center Moscow, including the division responsible for financial services, is still unknown.
The Germans valued their company at about 31,000,000 euros. How much Porsche’s assets will actually be sold for is not specified at this time. However, this will be known before the end of the first quarter of 2023.
Meanwhile, according to last year’s results, Porsche AG was recognized as the most valuable car company in Europe in terms of market capitalization. The total value of the automaker reached 85 billion euros.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
