About past, present and future of Ukraine

Search mobile

Main Business Russia continues to supply railway wheels to Europe

Business

Russia continues to supply railway wheels to Europe

418
Russia continues to supply railway wheels to Europe

Share this article

Russian railway wheels continue to enter the markets of European Union countries despite the rest of the sanctions. Due to significantly lower energy prices, Russians are able to engage in dumping practices and supply railway products at prices much lower than those of Ukrainian products.

As reported by CTS, the director of the railway products division at Interpipe, Oleksandr Harkavyi, discussed this in an interview.

"It's indeed paradoxical because the EU has imposed sanctions on almost all metal products of Russian origin. But railway wheels and wheel sets strangely managed to avoid this participation," noted the top manager.

 

 

"At the same time, no European producers are against sanctions. However, no one is showing initiative to remove Russian products from the market, especially since they are arriving at dumping prices," emphasized Oleksandr Harkavyi.

 

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...