Google’s Russian Division Files For Bankruptcy

Amid the tension between Ukraine and Russia, Google’s Russian division has declared that it will be filing for bankruptcy.

The move comes after Russian authorities confiscated Google’s bank account making it impossible for Google to pay its staff, and other expenses.

In a statement, Google’s spokesperson verified the move and said the following: “The Russian authorities’ seizure of Google Russia’s bank account has made it untenable for our Russia office to function, including employing and paying Russia-based employees, paying suppliers and vendors, and meeting other financial obligations. Google Russia has published a notice of its intention to file for bankruptcy”.

Russian database confirms that since mid-March the authorities have made two seizures that included assets and properties but fortunately, Google has confirmed that its free services including Gmail, Maps, and more will stay available for users in Russia.

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