Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
Miele
Miele
Miele & Cie. KG is a German manufacturer of premium household appliances.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRevenue(RF), mln.USD
1
Assets(RF), mln.USD
8
Capital(RF), mln.USD
8
Glob.Revenue, mln.USD
4757
Staff(RF), 2021
237
Taxes(RF), mln.USD
20
The Company Statement
June 16, 2024
March 16, 2022: Suspended the supply of appliances to Russia, exceeding EU sanction requirements. March 9: Significantly reduced operations in Russia. Significantly reduced revenue in 2023 vs 2022. Revenue significantly (by -95%) decreased in 2024 vs 2023.
| March 16, 2022 | Due to the geopolitical situation and resulting uncertainties, the Miele Group has suspended the supply of appliances to Russia entirely, above and beyond EU sanctions. |
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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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