Dutch Yandex NV will be renamed Nebius Group and the company will be headed by Yandex co-founder Arkady Volozh. On Monday, July 15, Yandex NV announced that the deal for the sale of the Russian company Yandex had been closed and that MKPAO Yandex had become the new parent company.
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Yandex co-founder Arkady Volozh will lead Yandex NV, which will be renamed Nebius Group, Bloomberg sources reported this.
Yandex NV includes assets left over from Yandex’s restructuring. On Monday, July 15, Yandex NV announced that the deal for the sale of the Russian company Yandex had been closed and that MKPAO Yandex had officially become its new parent company.
In June 2022, the European Union imposed sanctions against Arkady Volozh, after which he resigned from all his positions at Yandex. In March 2024, the European Union lifted sanctions against Volozh.
Author:
Kirill Bilyk
Source: RB
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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