A szankciók hatása a magyar és a lengyel üzleti tevékenységre Oroszországban (The
impact of sanct...(FK-146590) Támogató: NKFIH
In this chapter we discuss the case of the Russian unicorn Yandex, also known as the
‘Russian Google’. The company has become one of the largest information technology
(IT) champions in Russia over the years and seemed to be unaffected by government,
political interests and geopolitical tensions. In 2022, after the military conflict
with Ukraine triggered severe economic sanctions on Russia, the company experienced
political pressures both from the sanctioning countries and its home country government.
We analyse the journey of Yandex, which started as a national IT unicorn, and shed
light on its transformation into a state-affiliated enterprise in a dynamic situation
of geopolitical reshuffling.
