Google’s Russian subsidiary recordsdata for chapter -document

The Russian subsidiary of Alphabet Inc‘s Google has filed for insolvency, based on a message posted on Russia‘s official registry Fedresurs on Wednesday.

“Since March 22, 2022, it foresees its personal bankruptcy and lack of ability to fulfil its financial obligations, calls for to pay severance funds and (or) the remuneration of workers working or beforehand working beneath an employment contract, and (or) the duty to make necessary funds throughout the prescribed interval,” the observe mentioned.

The subsidiary was “submitting a discover of the intention to declare itself bancrupt (bankrupt)”, the observe mentioned.

Google didn’t instantly reply to a request for remark. David Sneddon, who the doc named because the subsidiary’s normal director, couldn’t instantly be reached.

Source

Leave a Reply

Your email address will not be published.