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Articles with tag "Industry"

'decisive action'

U.S., U.K. Widen Ban on Russian Metals in Bid to Disrupt Revenues

The move bans metal exchanges from accepting any new aluminum, copper, and nickel produced by Russia.
black smoke

Huge Fire Breaks Out at Russia's Uralmash Machine Factory

The fire engulfed 4,500 square meters of an unidentified “workshop” and a roof collapsed onto an area of 300 square meters before the blaze was contained...
1 Min read
asset grab

Russian Billionaire Antipov Detained After Steel Plants Nationalized

Earlier on Monday, a court ruled to seize three steel production plants owned by billionaire Yury Antipov.
1 Min read
Feature

Russia Grapples with Long-Abandoned Toxic Waste Sites

Thousands of leftovers from Soviet and modern Russian industry continue to leak pollution into the environment, putting the health of millions at risk...
5 Min read
no workers

Russian Factories Face Record Labor Shortages

A Gaidar Institute survey found that 42% of industrial enterprises faced a shortage of workers in July, surpassing a previous record set in April.
1 Min read
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.
2 Min read
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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