Economics

MAN and Scania are finally leaving the Russian market

Traton concern closes dealerships in the Russian Federation

MAN and Scania are finally leaving the Russian market

Large European manufacturers of trucks and special equipment MAN and Scania are selling their dealerships in the Russian Federation, – reports the specialized association “Ukravtoprom” with reference to the statement of the Traton concern.

According to the association, the plant near St. Petersburg, where some models of these brands were assembled, remains owned by the Traton concern.

According to experts, the sale of Russian assets is a signal of the final departure of MAN and Scania from the Russian market.

“MAN and Scania decided back in March to stop supplying trucks and buses, as well as spare parts to the Russian Federation and to stop production in St. Petersburg,” the Traton concern recalled.

Read also: The economy of the Russian Federation has finally shaken

Traton SE, known as the Traton Group, is a subsidiary of the Volkswagen Group and one of the world's largest manufacturers of commercial vehicles, producing the MAN, Scania, Navistar and Volkswagen Caminhоes e Оnibus brands.

Read also: Companies that are closing down, in the Russian Federation there are one and a half times more than the newly created ones

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Let us remind you that earlier the Finnish manufacturer of equipment for the energy market completed the withdrawal from the Russian market.

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Source: ZN

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