Clean Break: the company completely halting Russian engagements or exiting Russia

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AGCO Corporation is an American manufacturer of agricultural equipment.

 
 
 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

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Revenue(RF), mln.USD
30
Assets(RF), mln.USD
67
Capital(RF), mln.USD
57
Glob.Revenue, mln.USD
14412
Staff(RF), 2021
72
Taxes(RF), mln.USD
8

AGCO has a sales, administration, distribution, and assembly presence in Russia. Sales in Russia and Ukraine combined was <2%.

The Company Statement
December 07, 2022

Stopped sale of new machines to Russia and Belarus (AGCO has a sales, administration, distribution, and assembly presence in Russia. Sales in Russia and Ukraine combined was <2%). Partial sale - one of the local companies, "AGCO MACHINERY" LLC, changed its owner (OPTITEK DISTRIBUTION HOLDING B.V. becomes the new founder of the organization). Revenue decreased in 2024 vs 2023 by more than -20%.

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Statements Archive
February 02, 2024"Mission to save the world from hunger", or Why famous manufacturers of agricultural machinery have not yet left Russia
December 07, 2022One of the local companies changed its owner
March 11, 2022AGCO Halts Russia Shipments, Balancing Food Production With War Response
March 10, 2022AGCO Suspends Shipments to Russia
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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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