Google Russia has started the bankruptcy process. In the statements made on the subject, it was stated that such a decision had to be taken due to the seizure of accounts in the country. Russians will continue to use Google’s services such as its search engine and YouTube.
US-based tech giant Google’s foot in Russia There has been a remarkable development. Google Russia has failed to fulfill its financial obligations in the country. bankruptcy process officially launched. In the statements made on the subject, it was stated that such an end was reached because the Russian authorities seized the bank accounts of Google Russia.
Officials, who made a statement on a platform where legal notices are published in Russia, said that with the completion of the bankruptcy process of Google Russia, the company left the country. would have withdrawn they announced. But services like search engine, YouTube and Gmail are not available in Russia. can continue to be used.
Russia fined Google $15 million
Russian authorities started an investigation against Google in April, and within the scope of this investigation, $15 million they were fined. However, according to the information obtained, Russia is responsible for Google’s control in the country due to these penalties. confiscated all his money. This led to the inability to pay the salaries of the employees and the inability to use the incomes.
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Source :
https://www.reuters.com/markets/europe/googles-russian-subsidiary-files-bankruptcy-document-2022-05-18/