Russian-based search engine service Yandexis among the names that were seriously affected by the Russian invasion of Ukraine. is located.
Having been in the Turkish market for 10 years,Russia’s GoogleBig tech company nicknamed ” Yandex, He decided to close his Turkey office in 2020 and ended his adventure there. The company that develops technologies in many fields, Bans imposed after Russia’s invasion of Ukraine states that they have become unable to develop technology because of this. The company, whose work in many areas has been seriously disrupted, wants to break its ties with Russia as much as possible in order to change this.
To that end, Yandex NV, the Dutch-registered holding company, plans to sell most of its Russian business, including search, e-commerce, and app-based taxi-hailing, to a local buyer. The New York Times states that after this step, Yandex N.V aims to regain access to technologies belonging to western companies / countries and wants to shift its technologies with high future potential to markets outside of Russia.
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who want to survive by escaping sanctions against Russia Yandexaims to be able to do business with almost every country and company in the new period, especially in autonomous vehicles and cloud technologies. The company, which has a high brand awareness, does not want all the work done so far to be wasted.
It is unknown whether Yandex will achieve this plan yet. Such a step requires the approval of the company’s board of directors, as well as the approval of Russian President Vladimir Putin. In fact, it is reported that Putin and Alexei Kudrin, who is close to Putin, held talks on this issue. If the Russian President approves, Kudrin will resign as the head of the Russian Audit Chamber and will open to global markets. alleged to take on a senior manager role in the new Yandex being done.