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February 24, 2022 02:41 pm
Original Link: https://news.slashdot.org/story/22/02/24/1348255/companies-shut-ukraine-operations-and-watch-for-sanctions-as-russia-attacks?utm_source=rss1.0mainlink
Companies Shut Ukraine Operations and Watch for Sanctions as Russia Attacks
Danish brewer Carlsberg and a Coca-Cola bottler shut their plants in Ukraine on Thursday following Russia's invasion while firms making goods from jet engines to semiconductors warned that supplies of key raw materials could suffer. From a report: Carlsberg, which has a 31% share of Ukraine's beer market, halted production at all three of its breweries in the country, while Coca-Cola said it had triggered its contingency plans which included shutting its bottling plant. Britain's biggest domestic bank Lloyds, meanwhile, warned that it was on heightened alert for cyberattacks from Russia while companies operating in Ukraine were looking at how to shield their staff from the conflict. Russian forces invaded Ukraine by land, air and sea on Thursday, confirming the worst fears of the West with the biggest attack by one state against another in Europe since World War Two. Many companies with significant exposure to Russia said they were still waiting to see the full force of Western sanctions before deciding on any action, although backers of the suspended Nord Stream 2 gas pipeline were already taking a hit. Washington imposed sanctions on the company behind Nord Stream 2 on Wednesday and European Union leaders are meeting later on Thursday to decide what punitive measures they will impose as retribution for Russia's attackRead more of this story at Slashdot.
Original Link: https://news.slashdot.org/story/22/02/24/1348255/companies-shut-ukraine-operations-and-watch-for-sanctions-as-russia-attacks?utm_source=rss1.0mainlink
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