Ron Burgundy Posted April 12, 2015 Share Posted April 12, 2015 BERLIN (Reuters) - German industrial group Siemens has seen sales in Russia plunge by about half due to the country's economic demise, Bild am Sonntag reported, citing chief executive Joe Kaeser. Automakers and other companies have been making cuts in Russia in response to effects of the weak rouble, which has been hammered by low oil prices, and Western sanctions imposed over Moscow's role in the Ukraine crisis. ... View the full article Quote Link to comment Share on other sites More sharing options...
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