Economy News Russia S Economy Is Spiraling The State Of Its Car Industry Shows Just How Badly It S Deteriorated
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Russia automotive output slumps to levels of first months of Ukraine war as demand slumps
By Ben Aris in Berlin Russia’s automotive industry — once a symbol of the country’s industrial ambitions — has entered another sharp downturn, reversing the fragile recovery seen in 2023 and early ... Read More
Russia's car industry sinks to levels seen in early months of invasion
Russia's car industry, which went through "clinical death" after the exit of Western car manufacturers and then saw partial recovery in 2023-2024, is once again collapsing. Between January and ... Read More
Exclusive-Russia's Industrial Titans Furlough Workers as Its War Economy Stalls
MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war ... Read More
Russia's industrial titans furlough workers as its war economy stalls
Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ... Read More
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