Pause operations: company temporarily curtailing operations while keeping return options open
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Timken
Timken
The Timken Company is an American manufacturer of tapered roller bearings and specialty steels.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionRevenue(RF), mln.USD
1
Assets(RF), mln.USD
10
Glob.Revenue, mln.USD
4769
Staff(RF), 2021
76
Taxes(RF), mln.USD
1
The Company Statement
March 15, 2022
Suspended operations with Russia. Closed sales office and suspended operations with United Wagon Co. (joint venture partner). Revenue decreased in 2024 vs 2023 by more than -20%.
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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