Farm Equipment Giant Rostselmash to Furlough 15K Workers Amid Slumping Sales
Summary by The Moscow Times
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ICYMI Russian Farm Equipment Company shuts down
In somewhat big but unnoticed news today, the largest Russian Farm equipment manufacturer shut down ALL production. This story may be one of the little noticed indicators that the Russians are in deeper trouble than appears, because the economy is...
·United States
Read Full ArticleFarm Equipment Giant Rostselmash to Furlough 15K Workers Amid Slumping Sales
Russia’s largest agricultural machinery maker Rostselmash said Friday it will place all 15,000 of its employees on leave for the month of June due to collapsing exports and continued market contraction.
·Amsterdam, Netherlands
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Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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