Pause operations: company temporarily curtailing operations while keeping return options open

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WEG S.A. is a Brazilian company operating worldwide in the electric engineering, power and automation technology areas, headquartered in Jaraguá do Sul, Brazil.

Pause operations: company temporarily curtailing operations while keeping return options open

Leave Suspension
Revenue(RF), mln.USD
2
Capital(RF), mln.USD
2
Assets(RF), mln.USD
5
The Company Statement
August 14, 2024

WEG S.A. never had an official statement or quitting Russia. Currently WEG business through Russian subsidiarity drop drastically but increased through subsidiarity in Kazakhstan VEG Central Asia LLP. (ТОО «ВЕГ Центральная Азия»). Revenue significantly (by more than -50%) decreased in 2024 vs 2023.

LLC "VEG RUS" - Saint Petersburg - General Director Mushchenko S. V. - INN 5260218142
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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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