Tag Archives: IntelliNews

Sanctions against Russian companies and individuals have become a common tool for Western governments to exert pressure on the country’s domestic and foreign policy. However, a new study published in Russia’s main business daily Kommersant finds that sanctions targeted against executives – as opposed to oligarchs or politicians – may have unintended and long-term… Source link

Arkady Volozh, the co-founder of Russian internet giant Yandex, circulated the following internal farewell message to staff on December 30. Volozh stepped down as Yandex CEO and left the board of directors in summer 2022 after the EU left the market guessing by designating him in its sixth… Source link

Arkady Volozh, the co-founder of Russian internet giant Yandex, circulated the following internal farewell message to staff on December 30. Volozh stepped down as Yandex CEO and left the board of directors in summer 2022 after the EU left the market guessing by designating him in its sixth… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

The Board of Russian tech giant Yandex announced last Friday that it had “commenced a strategic process to review options to restructure the group’s ownership and governance”, citing “the current geopolitical environment.”  In particular, the Board confirmed that it would explore options “to enable the development of certain services (including the… Source link

Russia’s invasion of Ukraine has caused a tsunami of M&A deals as Russia’s private companies scramble to restructure their businesses to account for tectonic changes in the business landscape. It has cost everyone a lot of money as owners have been forced to sell off businesses exposed to sanctions or in many cases the leading lights of Russian industry has been forced… Source link

International software company Luxoft opened a development centre in Serbia on November 18, and announced plans to double its headcount in the country. The following day, Russia’s Yandex unveiled plans to open its own development centre in Serbia.  Serbia has benefited from the arrival of… Source link

Tech major Yandex has closed a deal to sell its Russian media platforms Yandex.news and Yandex.zen to internet company VK. The deal will allow Yandex to exit the Russian news aggregation sector, which was presenting the company with problems at home and abroad. According to a press release on… Source link