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

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DMG MORI has 16 production plants and 113 sales and service centers in 88 countries. DMG MORI's services cover the entire machine tool life cycle, including training, repair, maintenance and spare parts. DMG MORI COMPANY LIMITED has sales of approximately 3.4 billion euros.

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

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Revenue(RF), mln.USD
4
Assets(RF), mln.USD
37
Capital(RF), mln.USD
19
Glob.Revenue, mln.USD
3904
Staff(RF), 2021
119
Taxes(RF), mln.USD
3
Plants
1

In the Russian market, DMG Mori operates through DMG Mori Rus LLC, which is 99% owned by DMG Mori Sales and Service Holding, registered in Switzerland, and 1% owned by DMG MORI Vertriebs und Service GmbH, Bielefeld. In addition, DMG Mori operates a machine tool plant in Ulyanovsk (Ulyanovsk Machine Tool Plant LLC), which is owned by the German company GILDEMEISTER Beteiligungen GmbH, a member of the DMG Mori Group. Russian President Vladimir Putin signed a decree on the transfer of 100% of the shares of the Ulyanovsk Machine Tool Plant to the temporary management of the Federal Property Management Agency. The plant belonged to the German subsidiary of DMG MORI - Seiki Gildemeister Beteiligungen. It produced a wide range of turning and milling machines.

The Company Statement
June 16, 2024

At the end of February 2022, DMG Mori announced that it would cease all sales and service in Russia, as well as all production at its plant in Ulyanovsk. However, the available information shows that certain Russian companies of DMG Mori remain active participants in the Russian market, which contradicts official statements that such companies as DMG Mori Rus LLC are not actually operating and perform only administrative functions. In particular, according to the decision of the Moscow Arbitration Court of 03.07. 2023 No. A40-51758/23-62-407, DMG Mori Rus LLC supplied machine tool components in July and August 2022 to Saturn Instrument Plant JSC, a subsidiary of UDK-Saturn, a manufacturer of gas turbine engines for military aircraft under sanctions imposed by the EU, the USA, Canada, Switzerland, Japan, Ukraine and New Zealand. Included in the list of international war sponsors by NACP. The company’s services cover the entire cycle of a machine tool, including training, repair, maintenance, and spare parts. At the end of February 2022, DMG MORI announced that it would cease all sales and service in Russia, as well as all production at its Ulyanovsk plant. In reality, DMG MORI remains an active participant in the Russian market, which contradicts its official statements. Significantly reduced revenue in 2023 vs 2022. The Dalkos website states that the company supplies equipment and machines from various companies, including Schaublin, DMG MORI and Kovosvit MAS.

June 13, 2024“We can still write to Western technical support.” Russian weapons are made on foreign machines. Why are they still spinning?
February 19, 2024Putin transferred the Ulyanovsk Machine Tool Plant to the management of the Federal Property Management Agency
February 19, 2024Putin nationalized the Russian plant of the world's largest machine tool manufacturer
October 19, 2023How the Russian Federation circumvents sanctions for the production of high-tech weapons?
September 29, 2023German mechanical engineering company DMG Mori says he has left Russia. But he continues to earn money there.
September 27, 2023The Russian military-industrial complex continued to receive German machines after the start of the war
September 20, 2023DMG Mori - International sponsor of war | War and sanctions
September 20, 2023DMG MORI Products & Services
September 20, 2023DMG MORI AKTIENGESELLSCHAFT - Dynamic.Exellence
September 19, 2023Website in Russia
March 14, 2022DMG Mori stops all business activities 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.
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