Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Daimler Truck AG is one of the world's largest commercial vehicle manufacturers, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was part of Daimler AG from November 2019 to December 2021.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
282
Assets(RF), mln.USD
237
Capital(RF), mln.USD
128
Staff(RF), 2021
58
Taxes(RF), mln.USD
1
Glob.Revenue, mln.USD
60483

Mercedes-Benz Group's Daimler Truck, which halted operations in Russia in 2022 but was still a "dormant shareholder" of Kamaz, sold its 15% stake in the leading Russian truck maker in 2024, Kamaz CEO Sergei Kogogin said. The Russian government has added the world's largest truck manufacturer, the German company Daimler Truck, part of the Mercedes-Benz Group, to the list of legal entities subject to economic sanctions.

The Company Statement
January 13, 2023

Suspended business including partnership with Kamaz. Daimler Truck was in talks over stake in Russia's Kamaz. DK RUS LLC (ID 7714790325) was sold to KAMAZ, agreement dated January 13, 2023. And the second LLC EVOBUS RUSSLAND (Inn 7707281292) is in the liquidation stage from December 2022.

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