Germany’s SAP Joins Western Corporate Exodus From Russia

Germany’s SAP Joins Western Corporate Exodus From Russia
A man walks past a SAP logo during the company's annual general meeting in Mannheim, Germany, on May 15, 2019. Ralph Orlowski/Reuters
Reuters
Updated:

STOCKHOLM—Business software group SAP plans to exit Russia completely in response to Moscow’s invasion of Ukraine, although it said on Tuesday it might be possible for Russian users to run its software for years without support.

SAP joined a long list of companies, including rival Oracle last month in halting the sale of its services and products in Russia. Firms from telecom gear maker Nokia to Goldman Sachs have since left completely.