Renault suspends operations in Russia; see other companies that stopped due to the war

French automaker Renault said on Friday it would temporarily suspend operations at its Moscow auto assembly plant next week due to “forced change in existing logistical routes” that are causing component shortages.

The interruption will run from February 28 to March 5, according to the companies, which added that it is analyzing options to resume operations as soon as possible.

Renault is one of the companies that decided to interrupt operations since this Thursday (25), in response to the uncertainties generated by Russia’s invasion of Ukraine, which culminated in the worst conflict since 1945, when World War II ended.

The day before, global agricultural commodities trader Bunge announced the closure of the company’s offices in Ukraine and temporarily suspended operations at two oilseed processing facilities in Nikolaev and Dnipro.

Bunge employs more than 1,000 people in the country and also owns and operates grain elevators and an export terminal in Ukraine, the company said. In addition, it operates a corn processing plant through a joint venture.

The North American agricultural commodities trader Archer-Daniels-Midland Co also said on Thursday that it had closed its facilities in Ukraine, including an oilseed crushing plant and a grain export terminal.

ADM operates a grain port terminal in Odessa, an oilseed crushing plant in Chornomorsk, five silos inland and one on the river, and a commercial office in Kiev, employing more than 630 people, according to its website.

They also add to the list Carlsberga Coke HBC, the bottling company of Coca-Cola, the snack maker mondelez — which sells Oreo cookies and Milka chocolates — and the steel manufacturer ArcelorMittal.

*With information from Reuters and CNN Business

Source: CNN Brasil

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