Home / Companies / Google said to transfer engineering operations out of Russia

San Francisco: Google Inc. is transferring its engineering operations out of Russia, according to a person familiar with the matter, after the government adopted new rules requiring more data to be stored in the country.

Despite the shutdown, the Mountain View, California-based company plans to increase its business investment in Russia next year, said the person, who asked not to be identified because the matter is private. Google has made similar internal changes in other countries, including Sweden, Finland and Norway, the person said.

The pullback follows the souring of relations between Russia and the US and Europe. Russia, which is pushing for more self-sufficiency in industries ranging from software to food production, has rolled out new rules requiring global technology companies to store more data locally.

“We are deeply committed to our Russian users and customers," Google said in a statement. “We have a dedicated team in Russia working to support them."

Google remains a leading technology company in the Russia. Google’s share of the search market there rose to 31% in the third quarter from 27% in the first, while rival Yandex NV dropped to 60% from 62%, according to LiveInternet.ru data. Google’s smartphone software, Android, has 85% of Russia’s market, according to researcher IDC.

The Information, a technology news website, earlier reported on the move by Google. Bloomberg

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout