EE Impact

General Electric (GE)

USA · Industrial Equipment

Also known as: GE; GE (General Electric); GE (General Electric International (Benelux) B.V. )

LeaveRussia detail: Suspension

Operations suspended
Global 500

General Electric Company (GE) is an American multinational conglomerate. The company primarily operates in sectors including aviation, power, renewable energy, digital industry.

Status last verified 03/08/2026Source checked 31/08/2023Company website ↗LeaveRussia profile ↗

Business in Russia

GE local headquarters in Moscow. Plant for the repair of gas turbines and other equipment in the Kaluga region. On March 9, 2022, against the backdrop of the entry of Russian troops into Ukraine, General Electric announced the suspension of operations in Russia. At the same time, the company stated that they intend to continue servicing gas turbines in Russia. However, on June 18, expanded US sanctions came into force, prohibiting American companies from providing engineering services in Russia. The next day, June 19, GE "without explanation" stopped servicing gas turbines at Russian TPPs.

Decision trail

Decision date 30/08/2023 · Reference ↗

General Electric Co said it is suspending operations in Russia, with the exception of providing essential medical equipment and supporting existing power services in the region. "We have suspended operations in Russia, with the exception of supporting existing power services to the people in the region," a GE spokesperson told MarketWatch in January 2023, reiterating the company's message from last year. The American General Electric (GE) will not be able to continue servicing gas turbines for the heat of power plants with a total capacity of 5 GW in Russia due to sanctions.

Local stats (LeaveRussia)

Assets(RF), mln.USD
201
Capital(RF), mln.USD
127
Glob.Revenue, mln.USD
58099
Revenue(RF), mln.USD
172
Staff(RF), 2021
5695
Taxes(RF), mln.USD
30

Status history since 2022

  1. 03/08/2026 suspended · Imported from KSE LeaveRussia

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