Russia's Invasion of Ukraine Puts Both Countries' Industrial Heavyweights in Rough Waters

SUGAR LAND--February 28, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--In the days following Russian President Vladimir Putin's invasion of Ukraine, the ruble hit a record low against the U.S. dollar and numerous Western nations, including the U.S., announced a wide-ranging array of tough sanctions against Russia. Mining and energy companies were among the first to feel the pain, as Russia is the world's 11th-largest economy and, along with Ukraine, one of the world's largest commodity producers. Industrial Info is tracking activity at 779 industrial plants owned by the 13 companies (or their subsidiaries or related entities) slapped with heavy sanctions by the U.S. Department of State and the U.S. Department of the Treasury.

Within this article: How major companies like Russia's Gazprom and Ukraine's Metinvest are being affected by Russia's invasion.

Other companies featured: Alrosa