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SAP Exits Russia, Shuts Down Cloud

(Source: Pixabay)

SAP will completely pull out of Russia, winding up its cloud operations there, the company announced this week, in response to Russia’s invasion of Ukraine at the end of February. The move follows on measures the enterprise software giant had already taken, along with the international community, to protest Russia’s aggression.

“We strongly condemn the war and obviously are shocked to see the atrocities that come with it,” said SAP CFO Luka Mucic in a teleconference with media this week. “At the same time, it has been incredible to see how the whole world has come together. We have seen unprecedented action from governments around the world, establishing unprecedented sanctions, and I’m also proud to say that the private sector has been quick to respond to this crisis and has acted not only in line, but also beyond those sanctions.”

Mucic called the sanctions “a crucial tool to advance the peace process.”

SAP Employees in Russia

The announcement marks a significant moment for SAP, which noted in its statement that it has built an "excellent team" in Russia and has operated there for more than 30 years. Mucic said the company has 1,200 employees in Russia.

Read the rest of the article on InformationWeek.

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