Mercedes-Benz Sells All Its Property in Russia

Together with the property, the right to distribution is also included. By selling the property, stock leftovers, and the right to distribution to one of its dealers, Mercedes-Benz is changing the format of its presence in Russia – the company will effectively no longer operate directly in Russia.

The distributor and acquirer of all the property of “Mercedes-Benz Rus” may become one of the dealers, and they have already signed non-disclosure agreements.

Recall that BMW, Lamborghini, and Volvo decided not to leave Russia, although until recently the companies had announced their exit from the Russian market.

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