Daimler Truck
Also known as: Daimler
LeaveRussia detail: Exit Completed
Daimler Truck AG is one of the world's largest commercial vehicle manufacturers, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was part of Daimler AG from November 2019 to December 2021.
Business in Russia
Mercedes-Benz Group's Daimler Truck, which halted operations in Russia in 2022 but was still a "dormant shareholder" of Kamaz, sold its 15% stake in the leading Russian truck maker in 2024, Kamaz CEO Sergei Kogogin said. The Russian government has added the world's largest truck manufacturer, the German company Daimler Truck, part of the Mercedes-Benz Group, to the list of legal entities subject to economic sanctions.
Decision trail
Decision date 13/01/2023 · Reference ↗
Suspended business including partnership with Kamaz. Daimler Truck was in talks over stake in Russia's Kamaz. DK RUS LLC (ID 7714790325) was sold to KAMAZ, agreement dated January 13, 2023. And the second LLC EVOBUS RUSSLAND (Inn 7707281292) is in the liquidation stage from December 2022.
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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