During Titan Machinery’s quarterly conference call, Chief Operating Officer Bryan Knutson updated investors on the company’s business in Ukraine. “While there’s total business disruptions in Ukraine, this market is less than five percent of our company’s total assets and less than 20 percent of our international revenue and assets. We initially closed our Ukraine stores to allow employees to focus on their families and their safety.” Some farms are able to continue to operate and Titan has partially reopened stores to support customers with parts and service. “In addition, we have begun to finalize equipment sales on customer’s request, taking into consideration safety and risk.”
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