EE Impact

Thales/Gemalto

France · Electronics

LeaveRussia detail: Exit Completed

Exited Russia

In early 2019, Thales completes acquisition of Gemalto to become a global leader in digital identity and security. Completed in 15 months, the acquisition of Gemalto by Thales for €4.8 billion creates a Group on a new scale and a global leader in digital identity and security employing 80,000 people.

Status last verified 03/08/2026Source checked 07/03/2025Company website ↗LeaveRussia profile ↗

Business in Russia

France's Thales accused of selling to Russia despite sanctions, denied by company. LLC changed its name, sold to a local legal entity.

Decision trail

Decision date 15/06/2022 · Reference ↗

After the scandal, the French giant Thales sold its business in Russia. The French Thales Group refused to provide security for Russian banks. Thales stopped updating software for Russia.

Local stats (LeaveRussia)

Assets(RF), mln.USD
11
Capital(RF), mln.USD
9
Glob.Revenue, mln.USD
19943
Revenue(RF), mln.USD
22
Staff(RF), 2021
1347
Taxes(RF), mln.USD
3

Status history since 2022

  1. 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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