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Articles with tag "Industry"
taking stock
3 in 4 Russian Manufacturers Hit by Western Sanctions, Survey Finds
Of the Russian manufacturers affected by sanctions, 77% said the impact on their business had been negative.
New Ownership
Putin's Limousine Maker Takes Over Nationalized Toyota Plant
The Russian company that made President Vladimir Putin’s limousine has taken over Japanese car maker Toyota’s St. Petersburg plant.
1 Min read
Pump the brakes
Russia’s Car Manufacturing Collapses by 97% in May
Russia manufactured 3,700 cars in May — 97% fewer than the same month last year.
Sanctions Hit
Russian Car Factory Gives Farmland to Furloughed Workers
The plant has seen has production drop threefold after BMW and General Motors left the Russian market.
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