A central Microsoft Russian unit files for bankruptcy
Date:
Mon, 02 Jun 2025 12:40:08 +0000
Description:
Microsoft Rus LLC, one of four subsidiaries in Russia, is closing shop.
FULL STORY ======================================================================Microsof t Rus is about to file for bankruptcy, local reports claim The company
reduced its operations in response to the invasion of Ukraine Countless foreign firms did the same already
A key Microsoft subsidiary in Russia is about to file for bankruptcy.
A Reuters report citing a note published on the official Fedresurs registry claims, Microsoft Rus LLC was intending to declare bankruptcy.
The company has four subsidiaries in the country, according to Tass : Microsoft Rus LLC (primary subsidiary responsible for marketing,
localization, and partner relations), Microsoft Development Centre Rus (software development and engineering), Microsoft Mobile Rus (mobile technologies and services), and Microsoft Payments Rus (financial
transactions and payment services ). One down, three remaining
Fedresurs, or Unified Federal Register of Legally Significant Information on the Activities of Legal Entities, Individual Entrepreneurs, and Other
Economic Entities, is Russia's official online registry that serves as a centralized platform for disclosing legally significant information about company and entrepreneurship activities in the country.
Reuters is putting the news in the context of Russias ongoing invasion of Ukraine.
The company apparently continued providing key services in the country even after 2022 and major sanctions imposed on the country by Western nations, but in June 2022, it said it would be significantly scaling down because of the changes in the economic outlook and the impact it will have.
When it comes to the sanctions, Microsoft participated in a sense, removing Russia Today (RT)s mobile apps from the Windows App store. It also allegedly banned advertisements on Russian state-sponsored media in the days after the invasion.
Microsoft is not the only company filing for bankruptcy in Russia, in the
wake of the war.
Last year, Pepeliaev Group reported mass bankruptcies of foreign companies flooding Russian courts. Googles local subsidiary filed for bankruptcy in 2022, as well, claiming that the seizure of its bank account made it impossible to operate. You might also like Google is officially leaving
Russia Take a look at our guide to the best authenticator app We've rounded
up the best password managers
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Link to news story:
https://www.techradar.com/pro/a-central-microsoft-russian-unit-files-for-bankr uptcy
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