Pause operations: company temporarily curtailing operations while keeping return options open

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BMW is a German multinational corporate manufacturer of luxury vehicles and motorcycles.

 
 
 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Germany
Automotive

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
151
Assets(RF), mln.USD
2264
Capital(RF), mln.USD
534
Car Dealerships
63
Glob.Revenue, mln.USD
168278
Staff(RF), 2021
3400
Taxes(RF), mln.USD
4

Assembly of BMW cars in Kaliningrad. Sales through a dealer network. Suspend exports to and production in Russia.

The Company Statement
August 14, 2023

According to press reports, the company is discontinuing the local production in Russia and export to the Russian market. But Rolls-Royce also has new cars for sale in Russia and claim they don't know how. The German automobile concerns Mercedes-Benz and BMW disconnected Russian dealers from the software, which was used for car maintenance. Significantly decreased revenue in 2023 vs 2022.

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Statements Archive
December 11, 2023Belarus supplies Western premium-class cars to Russia to circumvent sanctions, - investigation
November 15, 2023We’ve arrived: foreign cars have begun to be blocked in Russia without software
September 14, 2023Never Can Say Goodbye. Despite Corporate Boycotts, Western Luxury Brands Are Still for Sale in Russia
August 14, 2023Mercedes-Benz and BMW disconnected Russian dealers from the software
January 29, 2023Rolls-Royce also has new cars for sale in Russia but claim they don't know how
March 01, 2022BMW halts export of cars to Russia, expects production interruptions
March 01, 2022Brief dossier
March 01, 2022BMW suspends production in Russia and deliveries of cars to the country
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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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