Japan’s Fujitsu, which develops electronic products and supplies infrastructure solutions, began the process of liquidating its Russian business in August, RBC reports citing data from Rusprofile.
The legal entity Fujitsu Technology Solutions LLC will be liquidated in August 2024. Fujitsu suspended direct deliveries of its products and services following the start of Russia’s special operation in Ukraine, but has not yet announced a complete withdrawal from the Russian market.
Fujitsu’s Russian structure appeared in the early 2000s. It is 99% owned by the Dutch Fujitsu Technology Solutions BV and 1% by the German Fujitsu Technology Solutions GMBH.
In Russia, the company sold comprehensive solutions in the field of information and communications technologies, as well as laptops, personal computers and components.
In 2022, Fujitsu Technology Solutions’ revenue decreased by 24% compared to the same period in 2021, amounting to 675 million rubles. The company received a net loss of 119 million rubles against a net profit of 63 million rubles in 2021. In 2022, the company had 40 employees (in 2021, 65 people).
Holodilnik.ru commercial director Alexey Pogudalov believes that due to the high price of the brand’s devices and high competition, the brand can no longer be considered popular and the only category in which the company is still in demand on the market. It is computer components.
Wildberries, Ozon and DNS also noted that Fujitsu PCs, laptops and components are presented on the markets in minimal quantities and that the departure of the Japanese brand will not affect the business of Russian companies.
Author:
Anastasia Marina
Source: RB
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