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Tech companies impose new sanctions on Russia – Fedorov

  • April 11, 2022
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Technology companies continue to impose sanctions on Russia. Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov announced the new restrictions in a Telegram, Ukrinform reported. In

Technology companies continue to impose sanctions on Russia.

Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov announced the new restrictions in a Telegram, Ukrinform reported.

In particular, the international technology company Ericsson is suspending its activities in Russia indefinitely. At the end of February, all Ericsson deliveries to customers in Russia were suspended. The company’s employees in Russia will be sent on paid leave. As a result, Ericsson allocates SEK 0.9 billion for asset impairment and other exceptional expenses in the first quarter of this year. Layoff costs are not included.

Online auctions and online stores eBay Inc. Suspended the delivery of goods to Russian buyers.

Celonis has closed a new and existing business in Russia. He raised $250,000 for humanitarian organizations. In addition, Celonis supports refugees.

The international company JetBrains sro, which evaluates development tools for Java, Kotlin, C#, F#, C++, Ruby, Python, PHP, JavaScript and others, has indefinitely suspended sales, research and development in Russia. The suspension of sales also applies to the Belarusian market.

Also, according to Fedorov, Finnish micro-satellite manufacturer ICEYE no longer provides satellite images or information to Russia or other authorized countries/organizations.

As reported, from the first days of Russia’s full-scale US invasion of Ukraine, allies and partners have imposed harsh sanctions on the Russian economy. Many companies announced the end of business in Russia and withdrawal from projects with Russian partners.

Source: Ukrinform

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