Russia's Yandex Still Undecided about Future Strategy
Russia's Yandex Still Undecided about Future Strategy

Russia's Yandex Still Undecided about Future Strategy

2 july, 20221 minute to read
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Russian Tech Giant Yandex plans to create some sort of hubs outside of Russia - the company will open new offices abroad, according to The Bell. Currently, about 3,000 Yandex employees are based in Istanbul, while a bunch of others work at Yandex coworking space in Yerevan.

But these are temporary solutions. Negotiations on how to restructure the company and develop its foreign projects continue and remain tough. According to The Bell, this is due to broken communication and growing mistrust in the company.

The Bell believes that the taxi service, which now operates in several countries in Europe and Africa, will continue to be developed from Russia. Among the projects that can be separated from the Russian office are drones, a cloud service, and Yandex Practicum - an edtech project. Yandex co-founder Arkady Volozh, an Israeli citizen, will reportedly be responsible for the development of these projects. Earlier this year, Volozh tried to persuade the Israeli government to help Yandex move its empoyees to Tel Aviv.

Israeli Politician Urges Government to Help Yandex Move to Tel Aviv
In a letter sent to the prime minister, Israeli Finance Minister Avigdor Lieberman urges the government to help Russian tech giant Yandex transfer hundreds of its employees to Israel.
2 july, 2022
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