After almost two and a half years of the first restrictions Sony closed its work in RussiaAs of August 11, the field officially abolished the local department Sony Mobile Communications Rus And this ended with all the events – from the PlayStation Game Division to Sony Music to Sony Pictures Entertainment.
The Japanese giant entered the Russian market in 2006But after the invasion of Russia in Ukraine in February 2022, he decided to gradually stop activities. Already in March of the same year, he stopped the supply of consoles, closed PlayStation Store and introduced two million dollars on Humanitarian assistance through the UN and save childrenThe field was followed by the spread of films, and in September 2022 the “end of the musical unit”, which turned into an independent publishing house. Last year, Sony stone stores were closed.
It was a financially painful process: the Russian branch showed a loss of 16 million euros in 2022 and 6 million euros in 2023, and only 2024 brought a small profit about 1.5 million euros.
According to the report on the preservation of March, 62 % of Western companies with significant investments left Russia from the very beginning of the war, most of them sold assets to local companies or transferred to existing partners.
Source :Indian TV
