EE Impact

Kverneland Group

Norway · Agriculture

LeaveRussia detail: Continue Operations

Still operating in Russia

Kverneland Group is an international company developing, producing and distributing agricultural implements, electronic solutions and digital services to the farming community. The company provides Agricultural Implement Technology through the equipment manufacturing offering.

Status last verified 03/08/2026Source checked 09/02/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 02/02/2024 · Reference ↗

Received revenues in Russia in 2021-2022. The plow manufacturer Kverneland in Oksnavada will resume plow exports to Russia. The German company Kverneland Group, which is part of the Kubota Group, sold seed drills worth $5.2 million to Russia in 10 months of 2023. There was also a delivery of a cultivator. Shipments were made from Germany to the Russian representative office of "Kverneland Group CIS" in Moscow.

Local stats (LeaveRussia)

Assets(RF), mln.USD
13
Revenue(RF), mln.USD
19
Staff(RF), 2021
43
Taxes(RF), mln.USD
1

Status history since 2022

  1. 03/08/2026 operating · 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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