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.
On behalf of Oracle’s 150,000 employees around the world and in support 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.”
“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 support toward Ukraine, SAP had “also offered to convert our office space at locations across Europe into warehousing and accommodation for refugees.”
© Thomson Reuters 2022