Renault SA (ENXTPA:RNO) is continuing negotiations regarding its stake inPublic Joint Stock Company Avtovaz, the French automaker's Chief Financial Officer, Thierry Pieton said at a conference with investors on April 22, 2022. Recalling that on March 23, 2022 Renault announced that it had decided to suspend its business in Russia and assess available options regarding its stake in Avtovaz, Pieton said negotiations are continuing and there has been progress. He declined to provide details on the negotiations with the "Russian authorities".