- Microsoft Rus is going to file for bankruptcy, local report claims
- The company reduced its operation in response to Ukraine’s invasion
- Countless foreign firms had already done the same
A major microsoft in Russia is going to file for assistant bankruptcy.
A Roots The report, citing “a note published on the official Federesus Registry”, was intending to declare the Microsoft Rus LLC insolvency “.
The company has four assistants in the country, according to Toss: Microsoft Rus LLC (Primary assistant responsible for marketing, localization and partner relationships), Microsoft Development Center Rus (Software Development and Engineering), Microsoft Mobile Rus (Mobile Technologies and Services), and Microsoft Payments Rus (Financial Lakshin and Payments Services).
One down, three balances
Fedresurs, or “integrated Federal Registry of legal information on the activities of” legal institutions, individual entrepreneurs, and other economic institutions “, is the official online registry of Russia that serves as a centralized platform to disclose the legally important information about company and entrepreneurship activities in the country.
Roots Russia is reporting news in the context of the ongoing attack on Ukraine.
The company clearly provided major services in the country even after 2022 and continued the major sanctions imposed on the country by Western countries, but in June 2022, it said that it would “be significantly reduced” due to changes in economic outlook and its effects.
When it comes to restrictions, Microsoft participated in a sense, today removed Russia (RT) mobile app from the Windows App Store. It also banned advertisements on the Russian state-proposed media in the days after the invasion.
Microsoft is not the only company to file for bankruptcy in Russia in view of the war.
Last year, the Pepaliav Group reported “Large -scale bankruptcyFor flooded foreign companies in Russian courts. Google’s local subsidiary filed for bankruptcy in 2022, as well, claiming that its bank account confiscation made it impossible to operate.
