Home Siemens CEO says Russia sales have halved: newspaper
 

Keywords :   


Siemens CEO says Russia sales have halved: newspaper

2015-04-12 14:22:46| Telecom - Topix.net

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.

Tags: sales russia siemens newspaper

Category:Telecommunications

Latest from this category

All news

»
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05M&S website and app hit by technical issue
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05Producers to be paid grid premiums for AngusLink beef scores
18.05This Week in Agribusiness, May 18, 2024
18.05This Week in Agribusiness, May 18, 2024
More »