Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
Netcracker Technology Corp., a wholly owned subsidiary of NEC Corporation, is a provider of business support system, operations support systems and software-defined networking and network functions virtualization solutions. The company also offers professional services, as well as managed services.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackStops hiring and sales in Russia. On March 20, 2024, two years after Mykhailo Fedorov's post, Netcracker's public financial report appeared, indicating that the company continues to operate in Russia. In the "Explanation to the annual accounting reports of NetCracker LLC for 2023" the year's turnover of 8 billion rubles is indicated, branches in Saratov, Tolyatti, Nizhny Novgorod, St. Petersburg, Samara, Voronezh, as well as two in Moscow are listed. The text part of the document ends with an unequivocal intention to continue working in the current year. Revenue significantly (by more than -50%) decreased in 2024 vs 2023. American company Netcracker, which is a resident of Diya City, continues to operate in Russia. This is evidenced by its financial report (UPD).