Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Magna International Inc. is a Canadian-Austrian automotive supplier headquartered in Aurora, Canada. The European branch is controlled from Vienna. The company is listed on the New York Stock Exchange and the Toronto Stock Exchange.

 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
50
Assets(RF), mln.USD
70
Capital(RF), mln.USD
58
Glob.Revenue, mln.USD
37840
Staff(RF), 2021
418
Taxes(RF), mln.USD
20
Plants
6
The Company Statement
September 20, 2023

Pausing operations in Russia (6 plants operated in Russia). 08.2023: LLC "E-MOBIL" becomes the new founder of the organization (LLC "MAGNA SEATING RUS"). The record about the founder MAGNA SEATING BETEILIGUNGS GMBH has been removed. No changes in ownership of JSC "MAGNA AUTOMOTIVE RU". 09.2023: The full name was changed from JSC "MAGNA AUTOMOTIVE RUS" to JSC "MS AUTOMOTIVE". E-MOBIL LLC becomes the new founder of the organization. 20.09.2023: The full name was changed from LLC "MAGNA SEATING RUS" to LLC "MS CITING RUS".

Open the Statement
Statements Archive
March 04, 2022Russia/Ukraine: Magna plant in Graz is still running according to plan
March 03, 2022Auto supplier Magna idles Russian plants following invasion of Ukraine
JSC "MAGNA AUTOMOTIVE RUS", Nizhny Novgorod, TIN 5256076921
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