JCB to pause business with Russia amid Ukraine conflict
The company, which is based in Staffordshire, has followed other manufacturers in announcing a pause on operations in Russia.
The British construction manufacturer, which is based at Uttoxeter, in Staffordshire, has become the latest company to suspend its business with Russia.
The company has 22 factories, and opened its Russian factory in 2016.
As reported by The Times, JCB said it has “paused all operations, including the export of machines and spare parts”.
It follows on from other manufacturers announcing pauses on operations to Russia.
Jaguar Land Rover (JLR) also announced this week that it is pausing the delivery of its cars to Russia amid “trading challenges”.
The company sold 6,900 cars in Russia in 2021 and currently operates production sites across the globe, with UK-based plants in Castle Bromwich and Solihull working alongside its headquarters in Coventry.
And Volvo recently announced, in a statement to Reuters, that it had made the decision based upon “potential risks associated with trading material with Russia, including the sanctions imposed by the EU and US”.
The Swedish carmaker added: “Volvo Cars will not deliver any cars to the Russian market until further notice.”
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