Business in Russia Business in Russia

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Volvo Cars / Polestar (Owned by China’s Geely)

Volvo Cars / Polestar (Owned by China’s Geely) Sweden Business in Russia

Brands: Volvo, Polestar, Lynk & Co.
European Manufacturing: Belgium, Sweden (some Volvo models).
Battery Sourcing: CATL (China), LG Chem (Poland), future Northvolt (Sweden).
Estimated nr. of European Jobs: ~40,000+ (direct and supply chain).
Privacy Concerns: Moderate to High – Geely ownership raises data security concerns.

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Anadolu Efes

Anadolu Efes Turkey Business in Russia

Ownership: Anadolu Group (Turkey), breweries in Turkey, Russia, CIS
Beer brands: Efes Pilsen, Amsterdam Navigator, Velkopopovický Kozel (licensed)
Employees (Europe): ~10,000
Production: ~36M hl
Key markets: Turkey, Russia, Ukraine, Kazakhstan

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Arçelik

Arçelik Turkey Business in Russia

Employees: Around 30,000
Known for: Affordable and reliable washing machines, dishwashers, refrigerators under brands like Beko and Grundig.
Website: https://www.arcelikglobal.com

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Gorenje

Gorenje Slovenia Business in Russia

Employees: Around 11,000
Known for: Stylish washing machines, dishwashers, refrigerators; combining design with functionality.
Website: https://www.gorenje.com

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Smeg

Smeg Italy Business in Russia

Employees: About 4,000
Known for: Stylish retro-designed refrigerators, ovens, dishwashers, known for aesthetics and performance.
Website: https://www.smeg.com