“Of course, Yandex is one of the national champions in the economy in its field, in the field of high technology, and one of the largest companies,” a Kremlin spokesman told reporters.

The company gives jobs to many talented people, and many young people are also looking for work in Yandex, Peskov recalled.

On February 5, it became known that Yandex NV entered into a deal to sell the Yandex business for 475 billion rubles to a consortium of private investors.

Thus, Yandex NV will cease to be the parent company of the group and, by July 31, will change its name and stop using Yandex brands.