Yandex enters the Czech Republic and is building a development center in Prague
Already in November, the Russian company established the official entity Yandex sro, which belongs to the Dutch headquarters. Yandex is located in the new vicinity of the Libeň Bridge, where, for example, the American IT company Wrike is based.
The company has already announced the first vacancies in Prague. This is, for example, an engineering contribution for Yandex.Cloud. Russian competition for Amazon, Microsoft or Google is particularly strong in the domestic market, where the government is suffering from storing user data on Russian territory. “We are working to launch Yandex.Cloud in several countries outside Russia and the countries of the CIS region,” said Yandex. Another job concerns the creation of technologies that also allow Russian customers to work in western clouds.
According to the E15 daily, the Czech branch of Yandex is to help prepare new services for the Russian Internet company for expansion in the markets and to provide support to international customers.
One of the positions is related to the Yandex.Routing logistics platform, which is used by companies such as Ikea, DPD or the Russian branch of Coca-Cola. Yandex has announced this year that it will launch online food and shopping in Paris, London and several cities in Israel. The company also has offices in Germany, Switzerland, the Netherlands, China, the United States, Belarus and Kazakhstan.
The Russians are also looking for international recruiters for their positions in IT in Prague. They are looking for people for the Czech branch as well as for international markets and work from home. However, Yandex representatives did not officially comment on the E15 daily questions about the Czech expansion.
Yandex is based in Moscow, but the company is registered in the Netherlands. The company has been listed on the New York Nasdaq since 2011. Its shares are growing steadily, with a market value of over $ 25 billion. Yandex generated millions of profits last year with a net profit of $ 173. It has more than ten thousand employees.
Who is Ivo Lukačovič?
Yandex operates a number of services. Yandex.Maps is an alternative to Google Maps or Mapy.cz, Yandex.Music is a music service similar to Spotify, Yandex.Taxi works like Uber and so on. The company also has its own web browser or search engine. He keeps up with Google in Russia, similarly to Seznam.cz, whose founder Ivo Lukačovič is, according to information from the E15 daily, close to the founders of Yandex. In 2011, the list deployed Yandex technology in video search.
But there is also controversy surrounding Yandex. In 2017, the Ukrainian government banned services from this company. Yandex has accused of illegally collecting data from Ukrainian citizens and passing it on to Russian security forces, which the company denies. The ban was recently extended until 2023.