VSKD Motors LLC, registered in Moscow by the end of 2022, became the owner of 100% of the shares of the representative office.
The Russian representative office of the British automaker Jaguar Land Rover acquired by a group of local top managers of the Russian Federation. This is confirmed by data from the Unified State Register of Legal Entities of the Russian Federation, DW reports.
It was noted that the LLC became the owner of 100% of the shares of the representative office VSKD Motors, registered in Moscow by the end of 2022.
Net loss in 2022 Jaguar Land Rover exceeded 1 billion rubles, in 2023 – reached 560 million rubles.
Let us remind you that the French company Auchan decided to sell its branch in Russia due to its inability to continue operating under EU sanctions.
It was also reported that the British company Unilever completely left the Russian market.
Source: korrespondent
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