Shell and Siemens Exit Russia

GALWAY, IRELAND--May 23, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Russia's invasion of Ukraine continues to take its toll on its own economy and international business as energy company Shell Plc (NYSE:SHEL) and industrial giant Siemens have signaled their withdrawal from the country.

Within this article: Details exit of Shell and Siemens from Russia over war in Ukraine, reasons, financial costs, related moves