Sberbank of Russia CEO Herman Gref has expressed dismay over the decision to ban Yandex services in Ukraine.
“It is too bad that the citizens of Ukraine will be deprived of the ability to access the best company on the market in the Russian- and Ukrainian-language segment. Yandex has the very best services in terms of recognition of our languages, search speeds and volume of mass storage of information in our geography,” Gref told journalists on the sidelines of the St. Petersburg International Economic Forum.
Yandex will also lose out and has seen blockage of its Yandex-Taxi service, which does not formally fall under the new ban.
“It would be desirable to see a maximally swift settlement of this situation. It seems to me that this separation of business will inflict long-term damage both on business in our country and in Ukraine, as well as on the Ukrainian people,” Gref said.
