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

Spotify is a proprietary Swedish audio streaming and media services provider. Spotify is listed through a Luxembourg City-domiciled holding company, Spotify Technology S.A. on the New York Stock Exchange in the form of American depositary receipts.

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
Revenue(RF), mln.USD
0
Glob.Revenue, mln.USD
14336
Staff(RF), 2021
66
Capital(RF), mln.USD
7
Assets(RF), mln.USD
10

12.2023: The legal entity was liquidated. Music service Spotify has removed the pages of Russian artists supporting the war in Ukraine.

The Company Statement
December 17, 2023

Closed office and suspend service. The Spotify streaming service completely stopped working in the Russian Federation on April 11, 2022 - this means that it will no longer be possible to use the services on the website and in the application. According to the "Spark" system, on February 6, 2023, the service sent an application for state registration due to its liquidation. The court fined Airbnb, UPS and Spotify for refusing to localize the data of Russians. The legal entity of the Swedish streaming music service Spotify in Russia has ceased operations. According to the Unified State Register of Legal Entities, Spotify LLC has been liquidated since December 14, 2023.

June 28, 2024Music service Spotify has removed the pages of Russian artists supporting the war in Ukraine
December 18, 2023The Russian legal entity of Spotify has stopped working
December 14, 2023SPOTIFY LLC – Moscow – Liquidator N. A. Pushkareva – TIN 7710955287
November 09, 2023The court fined Airbnb, UPS and Spotify for refusing to localize the data of Russians
February 09, 2023Spotify liquidates a legal entity in Russia
January 16, 2023Spotify is currently not available in your country (Russia)
March 03, 2022Spotify closed its office in Russia - TASS
March 02, 2022Spotify’s Statement in Response to the War in Ukraine
February 25, 2022Spotify is completely leaving Russia
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
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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