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The number one automobile manufacturer in Russia, Avtovaz — a subsidiary of Renault-Nissan —, is offering compensation to older employees to encourage them to retire or take early retirement. This offer, which amounts to three months' wages, will be available from 16 March until 3 April, as an initial step. The measure is one of a number of others, including a social plan and a change to bosses' wages, which have been introduced in recent months to address the market's collapse.