Russia’s industrial titans furlough workers as its war economy stalls

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  1. Just-Sale-7015 on

    >Non-military sectors shrank 5.4% since January

    I wonder how common this was in other wars, for comparison.

    Anyhow, here some more highlights from the article, since it has some nagwall

    >Cemros, Russia’s biggest cement maker, has moved to a 4-day week until the end of the year to preserve staff amid a sharp downturn in the construction industry and a rise in cement imports.

    >The coal sector, which employs about 150,000 people, has been badly hit as exports decline, according to Russian officials.

    >In Siberia’s Kuznetsk Basin, or Kuzbass, which holds some of the world’s biggest coal deposits, local officials said in September that 18 out of 151 enterprises had been shuttered.

    >Alexander Kotov, a partner at Russian consulting agency NEFT Research, told Reuters that 19,000 coal workers were laid off in the first half of 2025.

    >In Russia’s vast steel industry, too, there are signs of trouble. Russia is considering a moratorium on bankruptcies in the metals industry and a host of other measures, according to a protocol from the government’s Financial Stability Commission meeting on August 28.

    >

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