Following the restructuring, the Dutch company Yandex NV will not have the right to create and develop services similar to Yandex’s worldwide businesses for five years. This is stated in shareholders’ voting documents, reports on business restructuring. TASS.
“Creating and developing services similar to Yandex businesses is prohibited. The documents state that the ban will be valid worldwide for five years.
In this case, the exceptions will be allocated foreign enterprises Avride, Nebius, Toloka and TripleTen, which can be developed in all regions of the world except the Russian Federation and Belarus, but only if they do not create competition for Yandex. Services.
“They are prohibited from developing in a way that creates competition for Yandex services.” Under this agreement, Yandex will be able to develop its services without any restrictions,” the documents state.
Before this, the press spokesman of Russian President Dmitry Peskov stated that Russian officials viewed this issue positively. be interested The fact that Yandex continues to operate in the Russian Federation due to the fact that the company is a leader in the field of high technology and provides jobs for talented people.
It was previously known that there is Russian Yandex. will save Group’s businesses and assets.