Siemens to leave Russia due to Ukraine war, take hefty charge
![]() 2592 Thursday, 12 May, 2022, 10:18 Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euros ($630.18 million) hit to its business during the second quarter. Siemens has become the latest company to announce losses connected with its decision to leave Russia following the invasion on Feb. 24. Several companies from brewers Anheuser-Busch InBev (ABI.BR) and Carlsberg to sportswear maker Adidas (ADSGn.DE) to carmaker Renault and several banks have been counting the cost of suspending or withdrawing their operations in Russia. |
Elon Musk just lost his title as world’s richest person
88210.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
132707.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
160928.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
153227.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
141127.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
137027.08.2025, 13:00Russia to implement project on navigation seals with Armenia
138026.08.2025, 17:30#FarsNews։ "Russia will supply gas to Iran through the territory of Azerbaijan"
149025.08.2025, 09:24