Russia: Eurocement has revealed how it reorganised its business in 2022 in response to foreign equipment suppliers leaving the country and disruptions to domestic supplies of raw materials. The cement producer was forced to take this action in response to the effects of European and US economic sanctions imposed upon Russia following its invasion of Ukraine in February 2022. The cement producer started logging all purchases as prices escalated, special procedures were developed for critical materials and services, a compliance department was created, its network of suppliers in Russia and from countries not part of the sanctions was expanded and the company set up its own repair units at its plants.
Eurocement reveals reorganisation to business due to supply issues in 2022
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