Divide and lead

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tanjimajuha20
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Divide and lead

Post by tanjimajuha20 »

As the publication's sources said, the initiative did not come from Alexey Kudrin. He was brought in to discuss the problem, which arose due to the fact that the company's owners wanted to remove themselves from sanctions and conduct international business.

Currently, Yandex is owned by its parent company Yandex NV, registered in the Netherlands. At the same time, 8.5% of the share capital is owned by the Arkady Volozh family trust, bolivia phone number list 3.2% is owned by other employees of the company, and the rest is in free float. The situation is slightly different in terms of voting shares: Volozh's trust controls 45.1%. Also in 2020, the Yandex Public Interest Fund was registered, to which Sber transferred the so-called golden share of the company, which significantly influences management processes.

Last week, the company confirmed the information about the restructuring through division. In particular, the scenario under consideration is that international divisions will be created for several services, including unmanned and cloud technologies, a data markup platform and educational platforms. At the same time, Yandex NV will leave the shareholder structure of all other Yandex businesses - search, advertising segments, e-commerce, logistics, food delivery, entertainment services, taxis and others. Partial control is planned to be transferred to the management.

In fact, we can say that venture directions that have prospects but are currently unprofitable will move to foreign voyages, while in the Russian part, only profitable services will remain.


According to information currently appearing in the media, Alexey Kudrin will head the Russian division of Yandex and receive an option for 5% of the company's shares. But it is not specified what kind. Despite the fact that the corporation receives 95% of its income within the country, its securities are traded on the American NASDAQ stock exchange. According to Izvestia's sources, the current task is to list the shares of the Russian part of Yandex on the Moscow Exchange.
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