Reducing Activities: company scaling back some business operations while continuing others

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Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as one of the most influential economic and cultural forces in the world.

Reducing Activities: company scaling back some business operations while continuing others

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Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500
Glob.Revenue, mln.USD
513983

Local company Amazon LLC (tax id 7703401070) was liquidated in 2021.

The Company Statement
June 22, 2023

The company suspended shipment of retail products to customers based in Russia and Belarus, and will no longer be accepting new Russia and Belarus-based AWS sign-ups and Amazon third-party sellers. It is also suspending access to Prime Video for customers based in Russia. Russia's state communications regulator Roskomnadzor has added Amazon Web Services and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. A magistrate in Moscow imposed a fine of more than 200 million rubles on the American company Amazon. for an administrative offense. It is due to the company’s lack of representative office in the Russian Federation.

February 06, 2024Russian court fines Amazon 2 mln roubles for failing to remove banned content -court
February 06, 2024Russian court fines Amazon 2 million roubles for failing to remove banned content -court
January 17, 2024The court imposed a 200 million ruble turnover fine on Amazon
December 01, 2022Amazon will provide $75 million in support to Ukraine
September 04, 2022Amazon faces fines of up to $200,000 in Russia over banned content -agencies
March 31, 2022Amazon's assistance in Ukraine
March 10, 2022Amazon halts sales in Russia amid Ukraine invasion
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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