Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
Minsk Automobile Plant (MAZ)
Minsk Automobile Plant (MAZ)
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 BackRevenue(RF), mln.USD
512
Capital(RF), mln.USD
7
Assets(RF), mln.USD
175
MAZ truck sales in Russia continue to fall, while bus sales increase.
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%.
| November 12, 2025 | MAZ Truck Sales in Russia Continue to Fall, While Bus Sales Increase |
| June 06, 2025 | Sales of Belarusian MAZ trucks in Russia fell by 41% |
| December 13, 2022 | 50 million worth of MAZ assets were seized in Ukraine |
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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