Google’s Russian branch plans to file for bankruptcy due to bankruptcy. The reason is blocked bank accounts by Russian authorities. As a result, the company is unable to pay salaries to its employees and meet its obligations to business partners. A Google spokesman said the free services (Search, YouTube, Maps, Gmail, Android, and more) would continue to work.
According to official records, Google predicted bankruptcy on March 22, 2022. Since the Russian invasion of Ukraine, the company is under pressure, and Russian authorities have demanded the removal of “objection content” from platforms operated by Google. As a typical example, there are instructions for making Molotov cocktails on YouTube. Google did not remove the content and received several fines from the Russian authorities – the amount is unknown, but we know a fine from December 2021 of 7.2 billion rubles.
According to official sources, Russian executors confiscated Google’s money in the amount of 1 billion rubles (ie less than 400 million crowns). Context: Russia’s Google reported sales of 134.3 billion rubles last year.