South China Morning Post published this video item, entitled “Russian chocolate factory claims to maintain stable production amid Western sanctions” – below is their description.
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 hit record highs in 2021. This comes as Western governments consider additional sanctions on Russian entities.
Support us:
South China Morning Post YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.