Yandex
The Yandex Group, a Russian-Dutch IT and software firm which was founded in Moscow but legally based in Amsterdam, has reached a deal to sell the vast majority of its business to a group of Russian investors. Yandex has faced difficulties since Russia launched its full-scale invasion of Ukraine in February 2022, leading Western countries including the Netherlands to impose harsh sanctions on Russia. The sale of Russia-based Yandex businesses will bring in a total of 475 billion roubles (about $5.2 billion), the company said in a press release on Monday. The business in Russia accounts for arou...
DPA Breaking News
The Yandex Group, a Russian-Dutch IT and software firm which was founded in Moscow but legally based in Amsterdam, has reached a deal to sell the vast majority of its business to a group of Russian investors. Yandex has faced difficulties since Russia launched its full-scale invasion of Ukraine in February 2022, leading Western countries including the Netherlands to impose harsh sanctions on Russia. The sale of Russia-based Yandex businesses will bring in a total of 475 billion roubles (about $5.2 billion), the company said in a press release on Monday. The business in Russia accounts for arou...
DPA Breaking News
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