Embracer gets more time to leave Russia

» Updated:

» Published:

Embracer gets more time to leave Russia
Photo: Pontus Lundahl/TT

Share this article

The Karlstad-based gaming company Embracer gets more time to wind down its operations in Russia, reports Dagens Industri.

The Swedish company had until June 30 to complete its business. Now it is extended until December 31 this year after approval from the Swedish Agency for Trade – with the requirement that the deadline is met.

Embracer has been criticized for its presence in Russia since the country's full-scale invasion of Ukraine began in 2022. In March, the company announced that it would cease all operations in the country.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Wall Street Rises After US Interest Rate Cut Announcement

Wall Street Rises After US Interest Rate Cut Announcement

Swedish Farmers Criticize EU's Long-Term Budget Proposal

Swedish Farmers Criticize EU's Long-Term Budget Proposal

Trump Seeks Supreme Court Ruling on Federal Reserve Member's Fate

Trump Seeks Supreme Court Ruling on Federal Reserve Member's Fate

ROT Deduction Reduction at Year-End Faces Criticism

ROT Deduction Reduction at Year-End Faces Criticism

Energy Companies Urge Long-Term Energy Policy Agreement

Energy Companies Urge Long-Term Energy Policy Agreement

Nvidia and Intel Partner to Develop Computer and Data Center Chips

Nvidia and Intel Partner to Develop Computer and Data Center Chips

Bank of England Keeps Interest Rate Steady at 4.0 Percent

Bank of England Keeps Interest Rate Steady at 4.0 Percent

Novo Nordisk Shares Surge 5% After Positive Ozempic Study

Novo Nordisk Shares Surge 5% After Positive Ozempic Study

Sweden Opens State Support for Offshore Wind Power Despite SD Opposition

Sweden Opens State Support for Offshore Wind Power Despite SD Opposition

Norway Central Bank Reduces Interest Rate to 4.0 Percent

Norway Central Bank Reduces Interest Rate to 4.0 Percent

Stock Market Rises After US Interest Rate Cut

Stock Market Rises After US Interest Rate Cut

Billerud to Cut Up to 650 Jobs Amid Cost-Saving Measures

Billerud to Cut Up to 650 Jobs Amid Cost-Saving Measures

Reduced Benefits Linked to Poorer School Results and Increased Crime

Reduced Benefits Linked to Poorer School Results and Increased Crime

Swedish Companies Face Record 12-Quarter Economic Slump

Swedish Companies Face Record 12-Quarter Economic Slump

Asian Stocks Rise Following US Fed Interest Rate Cut

Asian Stocks Rise Following US Fed Interest Rate Cut

Blackstone to Invest £90 Billion in UK Projects Over Next Decade

Blackstone to Invest £90 Billion in UK Projects Over Next Decade

Wall Street Mixed as Fed Cuts Interest Rate but Signals Caution

Wall Street Mixed as Fed Cuts Interest Rate but Signals Caution

Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year

Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year

China Urges Tech Giants to Halt Nvidia AI Chip Purchases

China Urges Tech Giants to Halt Nvidia AI Chip Purchases

Jerry Greenfield Departs Ben & Jerry's, Citing Silencing by Unilever

Jerry Greenfield Departs Ben & Jerry's, Citing Silencing by Unilever