Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Jungheinrich AG is a German manufacturer of material handling and warehouse equipment.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
148
Assets(RF), mln.USD
127
Capital(RF), mln.USD
98
Glob.Revenue, mln.USD
5519
Staff(RF), 2021
563
Taxes(RF), mln.USD
12

Forklift manufacturer Jungheinrich is preparing to exit the Russian market. The company announced that its board has decided to start negotiations with three Russian financial investors regarding the sale of its Russian subsidiary Jungheinrich Lift Truck OOO. “The sale of the assets will mean the termination of Jungheinrich’s activities in Russia,” the company said.

The Company Statement
June 26, 2025

Keep Russia office; stop exports to Russia. Revenue increased in 2024 vs 2023 by more than +30%. The forklift manufacturer Jungheinrich is preparing to withdraw from the Russian market. The company announced that its management board has decided to enter negotiations with three Russian financial investors regarding the sale of its Russian subsidiary, Jungheinrich Lift Truck LLC. "The divestment would mean the termination of Jungheinrich's business activities in Russia," the company stated.

April 01, 2022Jungheinrich stops all exports to Russia and Belarus (deleted later)
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