Oracle Suspends Operations in Russia Amid Ukraine Crisis 5d4g36 SAP Pauses Sales

Oracle's announcement came soon after Ukraine's minister of digital transformation tweeted at the two companies asking for . 384xr

By Reuters | Updated: 3 March 2022 19:09 IST

SAP will offer EUR 1 million (roughly Rs. 8,415 crore) in humanitarian 285q66

Highlights

SAP said against Russia "an important mechanism for peace”
It is stopping business in Russia aligned with sanctions
SAP has offered to convert its offices as accommodation for refugees

ment

Business software giant Oracle said on Wednesday it has suspended all operations in Russia, while rival SAP later announced it would pause all sales in the country following Moscow's invasion of Ukraine.

Ukraine's minister of digital transformation tweeted at the two companies asking for .

On behalf of Oracle's 150,000 employees around the world and in of both the elected government of Ukraine and for the people of Ukraine, Oracle Corporation has already suspended all operations in the Russian Federation.
— Oracle (@Oracle) March 2, 2022

Oracle did not respond to requests for comment to elaborate on its tweet, which said the company "has already suspended all operations in the Russian Federation."

Russia "an important mechanism in the efforts to restore peace."

Ukraine Vice Prime Minister Twitter-Shaming Firms to Action Over Invasion

"We are stopping business in Russia aligned with sanctions and, in addition, pausing all sales of SAP services and products in Russia," Chief Executive Christian Klein wrote.

He said that in addition to an initial EUR 1 million (roughly Rs. 8,415 crore) in humanitarian toward Ukraine, SAP had "also offered to convert our office space at locations across Europe into warehousing and accommodation for refugees."

Gaana CEO and Spotify's India chief us on Orbital, the Gadgets 360 podcast, to discuss India's unique music streaming landscape. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

links may be automatically generated - see our ethics statement for details.

Comments

For the latest reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.