The original article can be found here.
Article Highlights:
- South African company Barloworld is the official Caterpillar dealer in parts of Russia.
- Caterpillar suspended its Russian manufacturing operations in March, which left Barloworld with more than R2 billion in orders that couldn’t be filled.
- Barloworld has also been forced to write down R1 billion in the value of its assets, owing to the invasion.
