SAP and Oracle Halt Russian Operations in Solidarity with Ukraine
SAP and Oracle suspend all business activities and sales in Russia while publicly condemning the invasion of Ukraine. Both enterprise software giants take these steps in direct response to an appeal from Ukraine's minister of digital transformation.
SAP and Oracle strongly express solidarity with Ukraine and completely halt their business operations in Russia. Both technology giants make this decision in response to a direct plea from Mykhhailo Fedorov, Ukraine's vice-prime minister of digital transformation, as the Russian invasion continues.
SAP CEO Christian Klein condemns the invasion as an inhumane attack on democracy and humanity. He announces that the German software company fully supports international economic sanctions and pauses all sales of SAP products and services within the Russian Federation.
This suspension significantly impacts the Russian economy because SAP acts as the clear leader in the country's enterprise software market. The company supplies 53 of the top 100 Russian businesses by revenue, meaning this operational pause disrupts critical software infrastructure across Russia's resilient oil, gas, and banking sectors.