Russian chocolate factory claims to maintain stable production amid Western sanctions
  • 2 years ago
Many Russian factories have cut production and jobs following the imposition of  Western economic sanctions over Russia’s invasion of Ukraine. Restrictions imposed on its imports and exports have led to a dramatic rise in Russia's inflation rate. But Russian chocolate brand Red October said it has not been affected by Western sanctions because it has been  sourcing raw materials from domestic suppliers. The manufacturer hopes to expand into the Chinese market, where it says sales volume there…
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