Siemens, the German technology giant, leaves Russia after 170 years.

The German electronics giant Siemens is exiting Russia after about 170 years of business there, the latest in a long list of companies to pull out of the country since its invasion of Ukraine in February.

The company, which has 3,000 employees in Russia, said on Thursday that it was winding down all its industrial operations and business. In an accompanying financial statement, Siemens said that in its second quarter it took a hit of 0.6 billion euros, or about $625 million, after Russian sanctions.

Siemens had announced in March that it was pausing its business in Russia while the company analyzed “the full implication of all sanctions” that had been placed on the country by Western governments. But at the time it said it would continue local service and maintenance for that business.

The conglomerate is among the Western companies with longtime business ties to Russia: Both Siemens and Deutsche Bank have been operating there since the late 19th century.

In a statement on Thursday, Roland Busch, the president and chief executive of Siemens, said that it was “not an easy decision” to leave Russia, given the company’s responsibility to its employees in the country and its “long-standing customer relationships, in a market where we have been active for almost 170 years.”