Google Subsidiary in Russia to File for Bankruptcy

Russian subsidiary of Alphabet Google plans to file for bankruptcy, saying the company cannot pay employees and suppliers.

Google LLC has filed a notice of intent to declare itself bankrupt, according to a notice published Wednesday on the Russian registry of Fedresurs. A separate Google spokesperson said that an earlier move by authorities to seize their bank accounts made it impossible to continue operating in the country.

https://www.wsj.com/articles/google-subsidiary-in-russia-to-file-for-bankruptcy-11652876597?mod=pls_whats_news_us_business_f Google Subsidiary in Russia to File for Bankruptcy

Edmund DeMarche

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