Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Minsk Automobile Plant (MAZ) - is a state-run automotive manufacturer association in Belarus, one of the largest in Eastern Europe.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
512
Capital(RF), mln.USD
7
Assets(RF), mln.USD
175
The Company Statement
November 04, 2022

Exports goods to Russia that could also be used for military purposes, which is a violation of European Union sanctions. Revenue decreased in 2024 vs 2023 by more than -10%.

December 13, 202250 million worth of MAZ assets were seized in Ukraine
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