Oracle Suspends Operations in Russia Amid Ukraine Crisis, SAP Pauses Sales

Enterprise software program large Oracle stated on Wednesday it had suspended all operations in Russia, whereas rival SAP later introduced it will droop all gross sales within the nation following the invasion of Ukraine by Moscow.

Oracle’s announcement on Twitter took place three hours after Ukraine’s digital transformation minister tweeted on the two firms asking for assist.

Oracle did not reply to requests for remark to elaborate on its tweet, which stated the corporate “has already suspended all operations in the Russian Federation.”

SAP in a weblog put up on Tuesday referred to as financial sanctions in opposition to Russia “an important mechanism in peacemaking efforts.”

“We are stopping activities in Russia in accordance with the sanctions and, in addition, suspending all sales of SAP services and products in Russia,” wrote chief government Christian Klein.

He stated that along with an preliminary €1 million (about Rs 8,415 crore) of humanitarian help to Ukraine, SAP had “also offered to convert our offices across Europe in warehouses and housing for refugees”.

© Thomson Reuters 2022

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