Tag Archives: restructuring

Yandex’s restructuring and the future of Kremlin tech control — Meduza

Yandex’s restructuring and the future of Kremlin tech control — Meduza

All episodes Subscribe iTunes RSS feed Google Podcasts Spotify Castbox Yandex.Music Yandex’s restructuring and the future of Kremlin tech control 00:0027:30 After a year and a half of negotiations, Yandex founder Arkady Volozh and the company’s foreign shareholders have reached a deal to part ways with Yandex’s Russian assets. The Russian IT giant’s Netherlands-based parent company announced Monday, February 5, that it will sell a large portion of its operations to a consortium of Russian… Source link

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Tech Giant Yandex Gets New Russian Owner Ahead of Restructuring

Tech Giant Yandex Gets New Russian Owner Ahead of Restructuring

A Russia-based company has become the legal owner of tech giant Yandex as it prepares to separate from its Dutch parent company, the state-run Interfax news agency reported Tuesday. MKAO Yandex was registered last month in the Kaliningrad region’s Oktyabrsky Island, an offshore zone known as a “special administrative region.” In addition to offering low taxes, the offshore zone allows major Russian companies to repatriate their businesses while avoiding Western sanctions as… Source link

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