Russian Tech head says Renault may up Avtovaz stake

Newswire

MOSCOW, Nov 21 (Reuters) - The head of state-owned conglomerate Russian Technologies said on Saturday French car maker Renault might raise its 25 pct stake in troubled Russian partner Avtovaz in future, but won't do so now. "They said that they will at least keep their share package," Sergei Chemezov said. "As far as raising their stake goes, it is hardly possible now, but in the future, there is a perspective that they are prepared to increase their stake." He added that Prime Minister ...

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