German Technology Giant SAP, Previously Criticized By Zelensky, Announces Russian Exit

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German Technology Giant SAP, Previously Criticized By Zelensky, Announces Russian Exit
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Ukrainian President Volodymyr Zelensky accused SAP of supporting the “bloody Russian aggressor” for continuing limited business operations in Russia in a viral March tweet.

Tuesday, coming on the heels of significant backlash against the company for its Russian business ties from as high up as Ukrainian President Volodymyr Zelensky.Key Facts

SAP is in the process of conducting an “orderly exit” from its operations in Russia, the company said Tuesday, announcing an end to the support and maintenance of its on-premise Russian software products, its last remaining link to the country.SAP, Microsoft and Oracle and other Western technology companies were backing the “bloody Russian aggressor” by providing support to its products in Russia in a viral March 13 tweet, marking Zelensky’s first direct naming of multinational firms.

SAP had previously paused all sales in Russia on March 2 and announced an end to its cloud computing services March 24.SAP is one of the largest technology companies in the world, with a market capitalization of more than $125 billion. A 2018 Reuters analysis

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