Google has not yet officially left Russia

by admin, Friday, 17 June 2022 (2 months ago)

The conflict between Russia and Ukraine has been going on for several weeks. Several companies from the US, the UK and Europe are all leaving Russia. However, Google, a leading US company, has not yet fully withdrawn from the Russian market. This has led many to question Google’s reasons for the delay. Could it be “greed” for more money? Well, Google’s delay has nothing to do with “greed”, as the company has already declared bankruptcy in Russia. Anton Gorelkin, deputy chairman of Russia’s Information Policy Committee, said he hoped Google would not leave Russia.

Google AI

Last month, the Russian branch of Google published a notice of intent to file for bankruptcy. The company claims that the Russian authorities had confiscated its bank accounts, preventing it from continuing to operate. According to reports, Google has relocated most of its employees from Russia. In addition, the company will close its business in Russia in the short term. Some officials choose to stay in Russia while others leave. However, very soon, Google will no longer have any employees in Russia.

Russia will impose huge fines on Google

In late May, Russia’s Federal Communications, Information Technology and Media Surveillance Service said it had filed a lawsuit against Google and six other foreign technology companies, accusing them of violating personal data laws. Google could be fined from 6 to 18 million rubles. That’s about $ 106,000 and $ 317,000.

Since the beginning of this year, many Western companies have begun withdrawing from the Russian market, closing stores and suspending sales, including Volkswagen, HP, IBM, Netflix, Nike, Starbucks and McDonald’s.

At present, there is no hope that the conflict between Russia and Ukraine will end soon. This means that more companies will have to leave the markets of Russia and Ukraine. Of course, these companies will be mainly from the US and Europe.

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