Google says its Russian subsidiary is planning to file for bankruptcy because it canBԪַt pay staff and suppliers.
Russian state media reported Wednesday that the U.S. tech companyBԪַs Russian subsidiary, Google LLC, submitted notice of its intention to declare bankruptcy to a national registry, Fedresurs.
The company said in a press statement that it filed for bankruptcy because the BԪַRussian authoritiesBԪַ seizure of Google RussiaBԪַs 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.BԪַ
Google, which had previously suspended its business operations in Russia, said it would continue to provide its free services there, including Search, YouTube, Gmail, Maps, its Android operating system and its Play app store.
THE ASSOCIATED PRESS
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