Google’s Russian subsidiary files for bankruptcy

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Google’s Russia subsidiary has filed for bankruptcy amid Moscow’s continued invasion of Ukraine.

A Google spokesperson confirmed the move to The Hill on Wednesday, saying authorities seizing the subsidiary’s bank accounts were preventing it from operating.

“We previously announced that we have suspended the vast majority of our business operations in Russia. Russian authorities’ seizure of Google Russia’s bank account has rendered the operation of our office in Russia untenable, including employment and payment employees based in Russia, paying suppliers and vendors, and meeting other financial obligations,” the Google spokesperson told The Hill.

Google said Russian residents will still be able to access their free services such as YouTube and Gmail.

“Google Russia has issued a notice of its intention to file for bankruptcy. People in Russia rely on our services to access quality information and we will continue to keep free services available such as Search, YouTube, Gmail, Maps, Android and Play,” the spokesperson said.

Reuters reported that a note published on the official register of Russia signaled the plan of the subsidiary belonging to Google to file for bankruptcy.

“As of March 22, 2022, it provides for its own bankruptcy and inability to meet its monetary obligations, demands the payment of severance benefits and (or) compensation for staff working or previously working under an employment contract , and (or) the obligation to make mandatory payments on time,” the company’s memo reads, according to Reuters.

Russia’s Foreign Ministry said earlier this year that Google, along with other major US tech companies, should be held accountable for “inciting war” as its state communications agency also demanded that tech companies also stop discriminating against Russian media in Europe.

Russia’s invasion of Ukraine, which began in late February, has led to a series of US companies in various sectors shutting down their operations in the country, while international sanctions have intensified against Moscow.

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