Russian IT companies under Ukrainian sanctions don't need state aid, Minister says

Russian IT companies under Ukrainian sanctions don't need state aid, Minister says

Russian IT companies that fall under Ukrainian sanctions do not need state aid, Russian Minister of Communications and Mass Media Nikolai Nikiforov said on Wednesday, TASS reports.

"They do not need anybody's support, they are big players, their capitalization is estimated in billions of dollars, they are doing well in every respect," the Minister said.

Russia is not going to impose retaliatory sanctions in this situation. "We are generally against any sanctions, especially in the digital world. The Ukrainian people will give them something "in return"," the minister said.

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