Pause operations: company temporarily curtailing operations while keeping return options open

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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.

 
 
 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Revenue(RF), mln.USD
43
Assets(RF), mln.USD
3
Capital(RF), mln.USD
1
Staff(RF), 2021
3857
Taxes(RF), mln.USD
9
The Company Statement
April 23, 2024

Stops 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.

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Statements Archive
July 22, 2024Funds for the Russian budget: which of the foreign IT companies still work in the Russian Federation
March 22, 2022Netcracker stops hiring and sales in Russia
March 20, 2022The American IT company Netcracker is leaving the Russian market
March 20, 2022American product company Netcracker stops hiring and sales in Russia
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