Tag Archives: lifts

EU Lifts Sanctions on Yandex Co-Founder Volozh

EU Lifts Sanctions on Yandex Co-Founder Volozh

The European Union has removed sanctions that were placed on Russian tech billionaire Arkady Volozh after Moscow launched its full-scale invasion of Ukraine, according to a document published on Wednesday.  Volozh, who co-founded the Russian tech giant Yandex, announced his resignation as CEO of the company in mid-2022 after being targeted by EU sanctions. In August, his lawyers petitioned the EU for sanctions relief when he became one of the few members of the Russian elite to… Source link

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Europe Lifts Sanctions on Yandex Cofounder Arkady Volozh

Europe Lifts Sanctions on Yandex Cofounder Arkady Volozh

Arkady Volozh, the billionaire cofounder of Russia’s biggest internet company, was removed from the EU sanctions list today, clearing the way for his return to the world of international tech. On Tuesday a spokesperson for the European Council confirmed to WIRED that the Yandex cofounder was among three people whose sanctions were lifted this week. Volozh, 60, was initially included on the EU sanctions list in June 2023, following Russia’s full-scale invasion of Ukraine in February 2022…. Source link

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