Pipe. File photoMOSCOW, Apr 13Italian pipe supplier Tenaris said it had suspended all sales and purchases with Russia. «Tenaris has suspended all sales and purchases with Russia,» the company said in a statement.
Coffee producer Lavazza has suspended operations in Russia «and the Italian Tenaris — Tenaris Severstal LLC — received official permission to build a plant for the production of welded oil country pipes. The production capacity of the new enterprise will be 300 thousand tons of pipe metal products per year. The originally planned date for the commissioning of the complex is 2022, and for reaching full capacity — 2024. The planned investment in the project is about 13 billion rubles. Western countries have imposed numerous sanctions in response to the special operation of the Russian Federation to denazify and demilitarize Ukraine. A number of companies announced their withdrawal from the Russian market and the closure of production facilities in the country. Russian Foreign Minister Sergei Lavrov noted that Western companies that refuse to work with Russia did so under enormous pressure, but Russia will solve all the problems with the economy that the West creates for it.
