The Booking.com booking service has suspended work with Russia and Belarus. Booking.com CEO Glenn Fogel wrote about this on the social network LinkedIn.
“Every day, as the destructiveness of the war in Ukraine grows, so do the difficulties of doing business in the region. Due to these difficulties … which include significant restrictions due to the sanctions of a number of countries, we are suspending tourist services in Russia and Belarus “Vogel said.
On March 4, Airbnb, an online service for finding short-term rentals of private accommodation around the world, also suspended its operations in Russia and Belarus. Brian Chesky, CEO of the company, wrote about this on his Twitter.
Against the backdrop of tougher sanctions against Russia, many Western companies have already severed ties with it, including Apple, Oracle, Dell Technologies, oil Exxon Mobile, aircraft manufacturers Boeing and Airbus, sportswear and footwear manufacturer Nike, Walt Disney.
Against the backdrop of the economic situation and sanctions due to the war in Ukraine, the Russian government is considering three options for interacting with foreign companies. About it how writes Meduza, said Deputy Prime Minister Andrey Belousov.
One of the options he named suggests that the company permanently stops working in Russia, closes production and fires employees. Such steps, according to Belousov, the Russian authorities will regard as deliberate bankruptcy.
“In this option, we will intervene through the accelerated bankruptcy procedure, since the absolute priority for us is the preservation of employment and the social well-being of our citizens, so that conscientious entrepreneurs can ensure the efficient functioning of the business,” Belousov said, without specifying whether such companies will be subject to any sanctions.
On the night of February 24, Russian President Vladimir Putin announced the launch of a “special military operation” to “denazify and demilitarize” Ukraine.