Russian media: Siemens exits the Russian market
Cheryl
May 19
“In view of the war in Ukraine, Siemens will withdraw from the Russian market. The company has started procedures to stop all industrial production activities,” the group said The statement also pointed out that Siemens is one of the first foreign companies to suspend new business in Russia and suspend operations in Russia. The move is to ensure the safety of 3000 employees in Russia during the situation assessment. In early March after the outbreak of conflict between Russia and Ukraine, Sie...
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