It sold its plant, now renamed the Moscow Automobile Factory Moskvich, for another rouble.
The ultimate target of producing 100,000 Moskvich vehicles a year, some of which will be electric, is far below the industry average for a car plant of between 200,000-300,000.
"The first Moskvich cars will come off the production line in December 2022," truck maker Kamaz <KMAZ.MM>, the plant's technological partner, said in a statement.
Sources have told Reuters that Chinese carmaker JAC's design, engineering and production platform will be used to produce the brand.
The ministry said the launch of full-scale production would provide jobs for around 40,000 more people.