EE Impact

Medtronic

Ireland · Pharma & Healthcare

LeaveRussia detail: Continue Operations

Still operating in Russia

Medtronic plc is one of the largest manufacturers of medical equipment.

Status last verified 03/08/2026Source checked 10/06/2025Company website ↗LeaveRussia profile ↗

Business in Russia

The Minneapolis, Minnesota-based medical device company continues to operate a subsidiary in Russia. The company in April condemned the Russian invasion of Ukraine and said it would continue to support essential business activities that supply its life-saving and sustaining products. The company is not making new investments or starting new clinical trials in the country.

Decision trail

Decision date 22/04/2022 · Reference ↗

Continue operating subsidiary in Russia but limited some activities. Revenue increased in 2024 vs 2023 by more than +50%.

Local stats (LeaveRussia)

Assets(RF), mln.USD
67
Capital(RF), mln.USD
57
Glob.Revenue, mln.USD
31785
Revenue(RF), mln.USD
173
Staff(RF), 2021
300
Taxes(RF), mln.USD
9

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