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Caterpillar to suspend its facilities in Russia - statement

Russia Materials 10 March 2022 06:57 (UTC +04:00)
Caterpillar to suspend its facilities in Russia - statement

US-based construction machinery manufacturer Caterpillar has announced suspensions of its production facility operations in Russia because of sanctions and disruptions in the chain of supplies, Trend reports citing TASS.

"Operations in Russia have become increasingly challenging, including supply chain disruptions and sanctions, and we are suspending operations in our Russian manufacturing facilities," Caterpillar said.

"We recognize this is a time of incredible uncertainty for our valued employees, and we will continue to look for ways to support them," it added.

The Caterpillar plant in Russia has been functioning since 2000.

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