Photo from UNIAN
Yandex intends to limit or completely abandon its business in Ukraine, that’s according the company CEO, Alexander Shulgin, who spoke with the Russian NTV.
"The Ukrainian government has introduced a series of sanctions targeting our company, and not only our company but also a number of other Russian IT companies, which makes our activities in the country impossible," said Shulgin.
"It’s hard to say what it will lead to. Most likely, our economic engagement in business in Ukraine will be reduced or zeroed," the CEO added.
Read alsoVKontakte to close Kyiv's office – mediaAs UNIAN reported earlier, on June 1, head of Ukraine’s SBU Security Service Vasyl Hrytsak said that during the searches at the premises of Yandex in Ukraine "a lot of interesting items has been found."
On May 29, the SBU conducted authorized searches in the offices of the Russian Yandex’s subsidiary structure in Kyiv and Odesa.
Read alsoFacebook's Ukrainian audience soars by 1.5 mln users in two weeksOn May 15, President of Ukraine Petro Poroshenko enacted the decree of the National Security and Defense Council on the introduction of sanctions against Russia, blocking access to Russian social networks VKontakte, Odnoklassniki, and Yandex online services. On May 17, the presidential decree came into force.