Japan's AGC sells Russian assets to local firm -Kommersant
22/02/2024 06:53
Feb 22 (Reuters) - Japanese glass manufacturer AGC
5201.T sold Russian assets to a local company Adamant,
Kommersant daily reported late on Wednesday, citing the Russian
firm's CEO Sergei Knyazev.
He declined to disclose the size of the deal which included
the sale of two glass factories in Moscow and Nizhny Novgorod
regions, the newspaper said.
According to Kommersant, AGC suspended investments and cut
supplies of its goods to Russia after Moscow's invasion of
Ukraine in February 2022.
(Reporting by Reuters; Editing by Jacqueline Wong)
((moscow.newsroom@thomsonreuters.com;))