- Microsoft Rus is about to file for bankruptcy, requires local reports
- The company has reduced its operations in response to the invasion of Ukraine
- Countless foreign companies have already done the same thing
A key subsidiary of Microsoft in Russia is about to file for bankruptcy.
A PK Press Club Report citing “a note published on the official fedresur register”, “Microsoft Rus LLC intended to declare bankruptcy”.
The company has four subsidiaries in the country, according to Cup: Microsoft RUS LLC (primary subsidiary responsible for marketing, location and relationships with partners), Microsoft Development Center RUS (Software and Engineering Development), Microsoft Mobile RUS (Technologies and Mobile Services) and Microsoft Payments RUS (Financial transactions and payment services).
One down, three remaining
Fedresurs, or “unified federal register of legally important information on the activities of legal entities, individual entrepreneurs and other economic entities”, is the official online register of Russia which serves as a centralized platform to disclose legally important information on business and business business activities.
PK Press Club Put the news in the context of the current invasion of Ukraine by Russia.
The company has apparently continued to provide key services in the country even after 2022 and major sanctions imposed in the country by Western countries, but in June 2022, it said that it was going to “considerably reduce” the changes in economic perspectives and the impact it will have.
Regarding sanctions, Microsoft has participated in a meaning, removing the mobile applications of Russia Today (RT) from the Windows App Store. He would also have prohibited advertisements on the Russian media sponsored by the state in the days following the invasion.
Microsoft is not the only company that would file for bankruptcy in Russia, following the war.
Last year, the Pepeliaev group reported “mass bankruptcies” of foreign companies flooding the Russian courts. The local Google subsidiary also filed a bankruptcy in 2022, saying that the entry of its bank account made it impossible to work.
