Germany’s $120 Billion Software Giant SAP Says It Stopped Working With Russian Banks. Ukraine Demands It Do More

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Germany’s $120 Billion Software Giant SAP Says It Stopped Working With Russian Banks. Ukraine Demands It Do More
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Ukraine says the $120 billion tech giant’s contracts with Russian banking customers are funding the murders of children.

Mykhailo Fedorov, 31-year-old chief of the Ukraine Ministry of Digital Transformation, wants all Western tech companies to stop selling to Russia—with mixed results. Some continue to serve Russian businesses, including sanctioned ones.Ukraine says the $120 billion software giant’s contracts with Russian banking customers are funding the murders of children.

Over the last decade, SAP has established a solid presence in Russia despite President Vladimir Putin’s 2014 annexation of Crimea. This week, Ukraine intensified its campaign to shame the German business-software beast into ditching its Russian customers.review of company filings and LinkedIn profiles of SAP technicians, SAP’s dealings in Russia have included contracts with multiple companies recently sanctioned over Putin’s unprovoked invasion of Ukraine.

that SAP—as well as rivals Microsoft and Oracle—needed to go further in completely cutting ties to Russia. Fedorov says he talks two to three times a day with the president about the country’s digital strategy in wartime. SAP reiterated its previous statement in which it said it was no longer working with sanctioned companies, though would not say if those customers could still use SAP technology or avail themselves of technical support. The company had previously said it wouldn’t be signing any new contracts in Russia and that it was “stopping business in Russia aligned with sanctions.

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