Google’s Russian division intends to declare bankruptcy.
Google’s Russian unit plans to declare bankruptcy because it cannot pay its employees and suppliers.
Google LLC, a Russian subsidiary of the American internet giant, issued a notice of its intention to declare bankruptcy to a national registry, Fedresurs, Russian official media reported on Wednesday.
The company filed for bankruptcy because “the seizure of Google Russia’s bank account by Russian authorities 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,” according to a press release.
Google said it will continue to deliver its free services in Russia, including Search, YouTube, Gmail, Maps, the Android operating system, and the Play app store, which it had previously halted.