By Joseph Branch in Economics News —

Nissan will lose $687 million on sale of Russian business

Nissan will lose $687 million on sale of Russian business
Photo by Brad Starkey / Unsplash

The company announced on Tuesday that it will transfer its Russian division to the state design institute FSUE NAMI. In this case, the amount of the deal is 1 euro. Nissan reserves the right to buy the business for 6 years.