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

Leave Suspension

Cummins Inc. is a global independent diesel engine manufacturer, an international corporation engaged in the development, production and sale of diesel and gas engines, generator sets and components.

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

Leave Suspension
Revenue(RF), mln.USD
0
Assets(RF), mln.USD
66
Capital(RF), mln.USD
59
Glob.Revenue, mln.USD
34065
Staff(RF), 2021
700
Taxes(RF), mln.USD
24
The Company Statement
June 22, 2024

Suspend all commercial operations in Russia indefinitely. It was found that in 2023, $170 million worth of such products were supplied to Russia. This provided enormous support to the Russian transport and logistics industry, allowing the transport of goods in the amount of at least 375 billion ton-kilometers of cargo. Former Cummins joint venture in Russia has been taken under control by Russia and produces engines for the sanctioned KAMAZ. However, this enterprise still depends on imported components produced by Cummins for production. This means that Cummins must take special control of any sales of these parts. This will stop the production of these engines. 06.2024: PUBLIC JOINT STOCK COMPANY "KAMAZ" becomes the new founder of the organization CJSC "CUMMINS KAMA".

June 04, 2024JSC "KAMA DIESEL" - Naberezhnye Chelny - JSC "KAMA DIESEL" - General Director Polyakov A. Yu. – TIN 1650142011
May 03, 2022Engine maker Cummins takes $158 million charge over operations halt in Russia
March 18, 2022Update on Cummins' business in Russia
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
Scanner