The Russian division of Google filed for bankruptcy

Google Russia
Source: Mashable

The Russian division of the American company Google, has filed an application with the Moscow Arbitration Court for its own bankruptcy. The relevant information is available in the file of arbitration cases.

According to Forbes, the arrest of the bank account of the Russian structure of Google made it impossible for the company’s office in the Russian Federation, including the retention of employees and wages in Russia, payment for the services of suppliers and contractors, as well as the fulfillment of other financial obligations.

Moreover, in April, the Moscow Arbitration Court seized the property; and accounts of Google LLC in the amount of 500 million rubles. The corresponding decision took place as an interim measure on the claim of GPM Entertainment Television LLC (part of the Gazprom-Media holding) on ​​the restoration of an account on the YouTube platform.

In May, Google’s assets in the amount of 500 million rubles were the subject of an arrest on similar claims by the NTV television company and ANO TV-Novosti; the founder of the RT television channel. Thus, the property of the IT giant was arrested for a total amount of 1.5 billion rubles.

According to Forbes, the Russian legal entity Google has debts to advertising agencies. There were reports that the company would suspend YouTube monetization; limit the operation of the Google Play app store, and no longer show ads in Russia.

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Google fined for refusing to localize personal data of Russians

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In the same direction; the justice of the peace of the judicial district of the Tagansky district of Moscow imposed another fine on Google. This time, the reason for the penalty was the refusal of the Internet giant; to localize the personal data of Russian users on the territory of the Russian Federation.

Also, Google was found guilty of an offense under Part 9 of Article 13.11 of the Code of Administrative Offenses (CAO RF). The relevant protocol is by the Federal Service for Supervision of Communications, Information Technology and Mass Communications (Roskomnadzor).

In addition, according to the documents, Google continues to use databases located in the United States and the European Union; to store personal data of Russian Internet users.

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