Learn more

By Vladimir Kozlov in Cyprus In early February, Yandex NV (YNV) – the Dutch parent company of Russia’s online giant Yandex, often referred to as the ‘Russian Google’- announced its long expected exit from Russia. YNV is selling its Russian assets to a consortium of investors led by the Russian management team for RUB475bn ($5.2bn) in the largest corporate exit from Russia since the country’s invasion of Ukraine in February 2022. After shedding its Russian operations and severing all of its ties to Russia, YNV will have to reinvent itself as a global company, building on the experience of its t…

cuu