Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the second-largest software company in the world by revenue and market capitalization.

 
 
 
 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
USA
IT

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

Global 500
Revenue(RF), mln.USD
0
Glob.Revenue, mln.USD
51629
Staff(RF), 2021
46
Assets(RF), mln.USD
3
Taxes(RF), mln.USD
1

Oracle offices in Russia operated in Moscow and St. Petersburg. The bankruptcy process of Oracle in Russia has been extended. The bankruptcy trustee is seeking to cancel a number of large payments to the company.

The Company Statement
August 07, 2023

Operations in Russia were suspended. Revenue has significantly dropped in 2022 vs 21. The court declared the division of Oracle in Russia bankrupt. Oracle Corporation, which left Russia, left debts for 1.254 billion rubles.

Open the Statement
Statements Archive
September 26, 2024Bank Saint Petersburg got rid of Oracle and almost abandoned the services of integrators when working with data
August 30, 2024The Federal Tax Service's main IT system increasingly includes Russian IT products. But Oracle remains its "heart"
August 07, 2024Former employees of Oracle's Russian subsidiary are required to return bonuses
August 07, 2024Former Oracle employees in Russia have been asked to return bonuses. Is there a chance to return this money to the company's creditors?
July 22, 2024Oracle's bankrupt subsidiary in Russia has not paid a single creditor
August 07, 2023The court declared the division of Oracle in Russia bankrupt
June 02, 2023Authorities may restrict parallel imports of computer equipment
June 14, 2022Oracle revenue, profit top estimates on cloud boom
March 02, 2022On behalf of Oracle’s 150,000 employees around the world and in support of both the elected government of Ukraine and for the people of Ukraine, Oracle Corporation has already suspended all operations in the Russian Federation.
March 02, 2022Oracle temporarily stopped sales in Russia
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