TAdviser: top management of SAP CIS considers the possibility of redemption of the Russian business of the company
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Top management of the SAP CIS industrial software developer, including the head of the company Andrey Filatov, are considering the possibility of buying out Russian assets of SAP, reported TAdviser with reference to sources. According to the publication, work on this is at an early stage due to “many nuances” that cannot yet be predicted.
According to the edition, option of the redemption of the Russian division of SAP — “rather probable”. At the same time, it is not yet known to what extent the former division will be able to keep its work, since the main activity of the company is technical support.
According to a source of TAdviser, at the existing “political situation” the probability that the head office of SAP will allow to deliver licenses to the Russian customers within already existing contracts is excluded. As noted by the interlocutors of the publication, it is not yet clear at what point the Russian business will in fact be curtailed. In September, the sources expect the company to start giving notice to stop operations or delay its exit.
In Russia, SAP has about 1.5 thousand customers. Sources of TAdviser expect that in case of redemption of the Russian division, the company can keep the contracts which were earlier concluded by vendor.
In June became it is known that the German industrial software developer SAP will completely leave the Russian market. The restructuring program should be completed by the end of 2022.
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