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

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Lear Corporation manufactures automobile parts. The Company produces seating systems, wiring harnesses, terminals, connectors, junction boxes, body control electronics, wireless products, and audio systems.

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

Leave Withdrawal
Revenue(RF), mln.USD
37
Assets(RF), mln.USD
67
Capital(RF), mln.USD
60
Plants
6

at least 6 plants/offices in 6 cities in Russia

The Company Statement
February 10, 2023

The company is aiming to sell its assets in Russia within the first half of this year, CEO Ray Scott said, adding that legal issues and other complexities have made the process slow moving.

January 10, 2023Lear moves to sell its manufacturing plants in Russia
October 27, 2022Yale's SOM List
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