EE Impact

Midea Group

China · Electronics

LeaveRussia detail: Continue Operations

Still operating in Russia

Midea Group is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange. As of 2021, the firm employs approximately 150,000 people in China and overseas with 200 subsidiaries and over 60 overseas branches.

Status last verified 03/08/2026Source checked 01/10/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 20/06/2023 · Reference ↗

Chinese investors, including Midea and Hisense, are interested in the acquisition of Russian Bosch plants. The largest Iranian manufacturer of household appliances, Entekhab Group, is negotiating the purchase of a refrigerator plant of the major Chinese brand Midea in Tatarstan.

Local stats (LeaveRussia)

Assets(RF), mln.USD
64
Capital(RF), mln.USD
9
Glob.Revenue, mln.USD
52828
Revenue(RF), mln.USD
154
Staff(RF), 2021
52
Taxes(RF), mln.USD
3

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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