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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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