RENAULT

Country of Origin

France

Stock Exchange Listing

Euronext

Traded as

RNO

Revenue:

$51.3 Billion

Last Updated:

Özok Group is a conglomerate operating in different sectors in Northern Cyprus. In 2010, Özok Group took the Renault franchise and began selling Renault-brand vehicles and offering after-sale service in Northern Cyprus. Renault opened an official dealership with technical support services in 2011, with the stated aim of providing Northern Cyprus consumers with better-quality service and Renault’s high technology product range, competitive prices, and unlimited payment options.[1] Renault’s production plants in Turkey are a joint venture with OYAK, a Turkish Army pension fund.[2] Renault is thus directly working alongside the occupying military force in Northern Cyprus.

[1] Renault, “Find an Authorized Dealer,” https://www.renault.com.tr/yetkili-satici-bul.html; Renault Kibris, Homepage, http://www.renaultkibris.com/; Özok Group, “Areas of Activity,” http://www.ozokgroup.com/faaliyet-alanlar%C4%B1/otomotiv.html.

[2] Renault Group, “Our Locations,” https://group.renault.com/en/our-company/locations/our-industrial-locations/bursa-oyak-plant-2/.

Company Website