“Yandex” can be transferred to the Russian management

“Yandex” can be transferred to the management of the Russian management

The Dutch company Yandex NV intends to change the ownership and corporate governance structure by spinning off part of the business into a separate group of companies that will retain the Yandex brand, Business Online reports on November 25.

Yandex

Management of this group can be transferred to the Russian management of “Yandex”. “”Yandex will continue to develop as a private independent group of companies, operate on the open market and compete with local and global players,” the press release says. Yandex NV, which quotes the publication.

As reported IA REGNUM, earlier in the media there was information that the head of the Accounts Chamber of the Russian Federation, Alexei Kudrin, would leave his post and go to work at Yandex. We also recall that earlier Yandex and VK entered into an asset swap deal, during which the Novosti and Zen services went to VK.

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