The Russian unit of Alphabet’s Google (NASDAQ:GOOGL) has filed for bankruptcy, Interfax reported Friday, citing online court documents.
The subsidiary revealed its intention to file for bankruptcy in May after police seized its bank account, rendering it unable to pay its employees and vendors.
“The confiscation of Google Russia’s bank account by Russian authorities has rendered it impossible for our Russia office to function… As a result, Google Russia has filed for bankruptcy,” a company representative stated.
People in Russia rely on our services, and we will continue to make Search, YouTube, Gmail, Maps, Android, and Play freely accessible.
Russia has limited access to Twitter (NYSE:TWTR), Facebook (NASDAQ:META), and Instagram, the flagship social networks of Meta Platforms Inc.
Google and its YouTube video hosting service remain accessible despite criticism. Moscow opposes YouTube’s blocking of Russian-language content.
However, Anton Gorelkin, deputy head of the State Duma’s information policy committee, stated that the U.S. company was not currently in danger of being blocked.