Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
DMG MORI CO., LTD. manufactures and markets machine tools and related products. The Company's product line includes numerical control (NC) and high-speed precision lathes, horizontal and vertical machining centers (MCs), and other stationary machine tools capable of performing various tasks. The Company also produces and sells measurement devices.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalStopped all business activities in Russia.
Japanese machine tool manufacturer Mori Seiki has completely stopped doing business in Russia. President Masahiko Mori has said that the machines they make are subject to sanctions because they can be redirected to the production of weapons. President Vladimir Putin signed an order transferring 100% of the shares of Ulyanovsk Machine Tool Plant LLC to the Federal Property Management Agency for temporary management. The plant belonged to the German subsidiary of DMG MORI - Seiki Gildemeister Beteiligungen.