Google subsidiary in Russia intends to initiate its own bankruptcy

Google LLC, Google's Russian subsidiary intends to apply to arbitration court to declare its own bankruptcy, according to a notice posted by the company on the Fed.

Also, in March-April 2022, 62,341 bankruptcy cases were registered in the files of arbitration cases in Russia - 10,000 more than a year earlier and almost three times more than during the same period in 2020.