© Reuters. FILE PHOTO: Mercedes-Benz logos are seen on the firm’s car meeting plant in Chakan, outdoors Pune, India, June 11, 2015. REUTERS/Danish Siddiqui//File Picture

BERLIN (Reuters) – Mercedes-Benz noticed no affect from the cease in fuel deliveries from Russia to Poland and Bulgaria on its crops, however was nonetheless engaged on methods to scale back its fuel demand, the corporate stated on Wednesday.

An abrupt cease to fuel deliveries from Russia would affect manufacturing, with nonetheless utilized in explicit for heating and paint retailers, Chief Monetary Officer Harald Wilhelm stated in a press name following first quarter outcomes.

“In fact we’re engaged on the way to scale back demand, but in addition on altering the power supply as shortly as doable,” he stated.

Mercedes-Benz has a plant in Jawor, Poland, and in Kecksemet, Hungary.

Russian power large Gazprom (MCX:) stated on Wednesday it had halted fuel provides to Bulgaria and Poland for failing to pay for fuel in roubles, the Kremlin’s hardest response but to sanctions imposed by the West over the battle in Ukraine.



Source link

Previous articleSK Hynix sees stable demand for server chips offsetting weaker cell, PC demand By Reuters
Next articleWhat Private Property Underneath a Householders Coverage Is Topic to Limitations of Protection? | Property Insurance coverage Protection Regulation Weblog

LEAVE A REPLY

Please enter your comment!
Please enter your name here