EE Impact

Salzgitter

Germany · Metals & Mining

LeaveRussia detail: Suspension

Operations suspended

Salzgitter AG is a German company, one of the largest steel producers in Europe with an annual output of around seven million tonnes.

Status last verified 03/08/2026Source checked 30/09/2024Company website ↗LeaveRussia profile ↗

Business in Russia

As Burkhard Becker, Salzgitter AG’s Chief Financial Officer, states: “No matter how pleased we are by the outstanding result, we are in no doubt about the risks resulting from Russia’s attack on Ukraine."

Decision trail

Decision date 11/03/2024 · Reference ↗

Continued relations with Russia but a positive pattern is observed: reduction of exports and most of the remaining exports are indirect. Stated in the Annual Report 2023 that reduced all operations and restructured the subsidiary in the Russian Federation.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
11677

Status history since 2022

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

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.