Russian Google's Debt Exceeds 20 Billion Rubles, Creditors Seek Bankruptcy
The Russian branch of Google has accumulated debts to creditors in the country totaling more than 20.1 billion rubles. This information has been confirmed by TASS, relying on data obtained after the first creditors' meeting.
As of the August 22 meeting, the overall claims against Google reached 20.177 billion rubles, of which 97.2% represent monetary demands from creditors.
These figures prompted creditors to petition the Arbitration Court of Moscow to declare the Russian division of Google bankrupt.