COGNICURRENT

Feb 2 • 12:13 UTC • 🇺🇦 Ukraine • Kyiv Independent

Hyundai becomes second foreign carmaker to lose right to reclaim Russian assets

Hyundai Motor has lost the right to repurchase its former factory in Russia after failing to act before the January deadline, following the suspension of its operations due to the war in Ukraine.

#hyundai #russia #ukraine #automotive #sanctions

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