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VW offers rewards to employees who have left their major Russian factories

Volkswagen Is offering rewards to employees of an auto assembly plant in Nizhny Novgorod, Russia, if they agree to voluntarily quit, the automaker said Thursday.

Financial compensation and medical care insurance A Volkswagen spokesperson said he had confirmed previous reports by the Kommersant newspaper until the end of 2022, when it was available to about 200 people working at the Nizhny Novgorod plant.

Volkswagen announced in March that production at the Kaluga and Nizhny Novgorod sites would be suspended until further notice due to Western sanctions, and exports of vehicles to Russia would be immediately suspended.

According to the Volkswagen Group’s Russian website, Volkswagen owns the Kaluga factory directly and employs about 4,200 workers, but does not own the Nidininovgorod factory, but the owner’s. We have a contract with the GAZ Group to assemble several models.

In January, the U.S. Treasury shortened two licenses for the GAZ Group, which have been licensed since 2018, but licensed certain transactions as Russia gathered troops on the border with Ukraine.

Kommersant quoted union sources as saying that employees who agreed to the company’s offer before June 17 would receive six months’ salary.

(Report by David Ljunggren, Victoria Waldersee, edited by Muralikumar Anantharaman, Kirsti Knolle)

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VW offers rewards to employees who have left their major Russian factories

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