EE Impact

JCB

United Kingdom · Manufacturing

LeaveRussia detail: Scaling Back

Scaling back

JCB (J C Bamford Excavators Ltd.) is a British multinational manufacturer of equipment for construction, agriculture, waste handling, and demolition, founded in 1945 and based in Rocester, Staffordshire, England.

Status last verified 03/08/2026Source checked 21/05/2024Company website ↗LeaveRussia profile ↗

Business in Russia

Russian customs records show that JCB, whose owners are major donors to the Conservative Party, continued to provide new products to Russian dealers even after March 2, 2022, when the company publicly said it had "voluntarily suspended exports" to Russia.

Decision trail

Decision date 25/05/2023 · Reference ↗

Paused all operations and exports of machines and parts in Russia. Operations include offices and a factory supplying Russian market. JCB stopped exporting to Russia in early March, saying it would “pause” operations in the country. But an Observer investigation reveals how Lonmadi and Kwintmadi have continued to sell JCBs, even offering customers credit from Gazprombank Autoleasing, an arm of Russian bank Gazprombank, to buy them. No official position, they were present on recent Moscow Truck Expo.

Local stats (LeaveRussia)

Assets(RF), mln.USD
68
Capital(RF), mln.USD
67
Glob.Revenue, mln.USD
5028
Revenue(RF), mln.USD
73
Staff(RF), 2021
58
Taxes(RF), mln.USD
18

Status history since 2022

  1. 03/08/2026 scaling back · 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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