Official: Volvo undecided on Russian business exit

MOSCOW, Oct 20 (PRIME) -- Truck producer Volvo Group has not decided whether it willleave Russia and is in negotiations with the Industry and Trade Ministry, a ministry spokesperson told PRIME late on Wednesday when business daily Vedomosti reported that Volvo Group, which stopped to produce trucks in Russia at the end of February, was considering selling the business fully or partially.

"The company keeps in touch with the Industry and Trade Ministry but it is too early to speak of decisions," the official said:

End