DMG Mori Seiki
LeaveRussia detail: Withdrawal
DMG MORI CO., LTD. manufactures and markets machine tools and related products. The Company's product line includes numerical control (NC) and high-speed precision lathes, horizontal and vertical machining centers (MCs), and other stationary machine tools capable of performing various tasks. The Company also produces and sells measurement devices.
Business in Russia
Stopped all business activities in Russia. Former employees of the German-Japanese holding DMG Mori supply machine tools to Russian defense enterprises.
Decision trail
Decision date 09/06/2022 · Reference ↗
Japanese machine tool manufacturer Mori Seiki has completely stopped doing business in Russia. President Masahiko Mori has said that the machines they make are subject to sanctions because they can be redirected to the production of weapons. President Vladimir Putin signed an order transferring 100% of the shares of Ulyanovsk Machine Tool Plant LLC to the Federal Property Management Agency for temporary management. The plant belonged to the German subsidiary of DMG MORI - Seiki Gildemeister Beteiligungen. Revenue increased in 2024 vs 2023.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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