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Valeo sells propulsion systems business in Russia to NPK Avtopribor
Valeo Group (Valeo) signed an agreement with NPK Avtopribor for the sale of all its production assets of its “Powertrain Systems business in Russia”. It will enable the 158 Russian employees in this business to keep their jobs. Valeo will also have a buyback option for 10 years, which can be activated from the 6th ye....
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