- cross-posted to:
- europe@feddit.de
- cross-posted to:
- europe@feddit.de
The company made a net loss of 629bn roubles (£5.5bn) in 2023 amid dwindling gas trade with Europe, once Gazprom’s main sales market, as a result of sanctions and the throttling of pipelines to the continent.
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Putin: “Sanctions will hurt you more than it will hurt us.”
2 years later, one of Russia’s most profitable companies has a huge deficit due to sanctions.
LOLnyet loss
How RT is reporting it, probably
Surprisingly, they have a correct headline:
https://www.rt.com/business/596906-russia-gazprom-net-loss/
The comment section is filled with Russian bots running on copium.
Good for them.
It will get worse before it gets worse
L