Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Claas Kommanditgesellschaft auf Aktien mbH manufactures and markets agricultural machineries. The Company offers tractors, harvesters, pick-up choppers, baling presses, and other related equipment. Claas serves customers worldwide.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
294
Assets(RF), mln.USD
207
Capital(RF), mln.USD
179
Glob.Revenue, mln.USD
4121
Offices
1
Plants
1
Staff(RF), 2021
2195
Taxes(RF), mln.USD
4

A plant in Krasnodar & an office in Moscow

The Company Statement
March 29, 2024

Temporarily paused operations in Russia but still operating in Russia; not disclosed publicly (factory in Krasnodar). CLAAS, based in Germany, has not curtailed its work in Russia. CLAAS noted in a recent Wall Street Journal article that its food-production equipment falls within exemptions from international sanctions against Russia. The company wants to make a contribution to the global food supply even in times of war, said company boss Mohr. He calls the stopping of the grain agreement “frustrating” and officially declared that the Ivans will not leave the market and it is strategically important for them. Decreased revenue in 2023 vs 2022.

April 01, 2024CLAAS VOSTOK LLC – Moscow – General Director Seelig Dirk – Taxpayer Identification Number 7723152449
March 14, 2024LLC "ALLIANCE MOTOR TYUMEN" – Tyumen – General Director Stafeev V. A. – Taxpayer Identification Number 7203250471
July 31, 2023German manufacturer welcomes freedom from sanctions: Claas wants to continue supplying agricultural machinery to Russia
May 12, 2023Claas response
April 26, 2023CNH Industrial Sells Russian Interests. CLAAS, based in Germany, has not curtailed its work in Russia.
March 25, 2023How European Businesses Survived the Ukraine War and Last Year’s Energy Shock
February 06, 2023Letter sent by B4Ukraine to the company (no response provided)
August 04, 2022Yale's SOM List
April 04, 2022Q&A: Eric Raby of CLAAS
Krasnodar - Russia | CLAAS Group
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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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