Electronics developer Fujitsu is liquidating its Russian legal entity – Kommersant
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Japanese Fujitsu began the process of liquidating its Russian division in August, reported RBC with reference to data from the Rusprofile service. The legal entity Fujitsu Technology Solutions LLC is expected to be liquidated in August 2024. Fujitsu suspended supplies of its products and services after the military operation in Ukraine began, but did not announce its withdrawal from the Russian market.
Fujitsu promotes solutions to improve business sustainability (reducing the impact of production on the climate, optimizing and digitalizing production and logistics, etc.), software and IT services. The Russian legal entity Fujitsu was created in the early 2000s. It is 99% owned by the Dutch structure Fujitsu Technology Solutions BV, 1% by the German Fujitsu Technology Solutions GMBH. In Russia, the company also sold laptops and components.
In 2022, Fujitsu Technology Solutions’ revenue fell by 24% year-on-year, to RUB 675 million. The company received a loss of 119 million rubles. a year earlier, net profit amounted to 63 million rubles. The company had 40 employees (in 2021 there were 65).
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