A biotech company faced significant challenges due to new sanctions imposed in Eastern Europe. The sanctions led their main supplier to stop shipments, affecting the company’s operations. Additionally, the local currency's depreciation further exacerbated financial issues, increasing the cost of the company’s foreign debt by millions. This situation necessitated an urgent video call among the CEO and her senior team to address the company's immediate concerns and strategize a response to mitigate the financial impact.
On a gray March morning, a CEO connected with her senior team to address urgent sanctions affecting their main supplier and the company’s financial status.
New sanctions in Eastern Europe disrupted supply chains, forcing the main supplier to halt shipments and negatively impacting the company's financial obligations.
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