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

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LG Electronics Inc. is a South Korean multinational electronics company. LG Electronics is a part of LG Group and comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components.

 
 

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

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South Korea
Electronics

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1612
Staff
2128
Capital, mln.USD
1032
Taxes, mln.USD
251
Glob.Revenue, mln.USD
58184
Assets, mln.USD
1000
The Company Statement
October 21, 2022

LG Electronics is suspending all shipments to Russia and will continue to keep a close watch on the situation as it unfolds. The management of the South Korean LG is discussing the possibility of closing the plant in Russia (it produces refrigerators, washing machines and televisions) and transferring production to Uzbekistan at the Artel facility.

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Statements Archive
May 19, 2022LG Suspends Shipments to Russia
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