Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

Medtronic plc is one of the largest manufacturers of medical equipment.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments
Revenue(RF), mln.USD
213
Assets(RF), mln.USD
95
Capital(RF), mln.USD
74
Glob.Revenue, mln.USD
31785
Staff(RF), 2021
300
Taxes(RF), mln.USD
9

The Minneapolis, Minnesota-based medical device company continues to operate a subsidiary in Russia. The company in April condemned the Russian invasion of Ukraine and said it would continue to support essential business activities that supply its life-saving and sustaining products. The company is not making new investments or starting new clinical trials in the country.

The Company Statement
April 22, 2022

Continue operating subsidiary in Russia but limited some activities.

September 21, 2023Problems began with the import of products for the treatment of diabetes
November 30, 2022Yale's SOM List
May 25, 2022These U.S. companies are still doing business in Russia
March 06, 2022Minnesota firms don't export much to Russia, but some are halting shipments
March 04, 2022Chairman and CEO Geoff Martha issued a message to 90,000+ global Medtronic employees on the invasion of Ukraine.
March 04, 2022FORM 10-Q
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