Several Russian LLCs owned by Yandex have come completely under the control of the Dutch joint-stock company Yandex NV, according to data from the Unified State Register of Legal Entities, to which RB.RU drew attention.

Yandex has optimized the structure of Russian legal entities

Thus, on October 17, Yandex Unmanned Technologies LLC, Yandex Music LLC, Yandex.Verticals LLC, Yandex.Carsharing LLC and Yandex.Taxi LLC came under the full control of the public limited liability company Yandex N. IN.”.

Previously, these companies belonged to other legal entities registered in the Netherlands or Switzerland.

Some other legal entities of Yandex: Yandex.Studio LLC, Yandex.Taxi Technologies LLC and Yandex Funtech LLC – Yandex NV was among the new owners with a 0.1% stake.

The Yandex press service told RB.RU that the changes “are a technical procedure to optimize the structure of legal entities of the group of companies.”

At the end of November 2022, Yandex announced plans to split the group’s assets. Several companies will continue to operate in Russia, for example, self-driving cars, cloud technologies, etc. Its international parts will be divided into independent companies under the management of Yandex NV, which planned to withdraw from the shareholders of the group of companies. and change your name.

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Anastasia Marina

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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