I must say that some other projects created by the founder of Abbyy continue to work in Russia. AI Content is positioned as a technological partner of the Abbyy, developing and distributing software under brands for the Russian market, as well as providing support to those who previously became Abbyy customers.Įven earlier, in January 2022, Abbyy removed almost all of its products from the Russian software register, and transferred the rights to them to its American legal entities.Īt the same time, despite the widely publicized budding of Russian business, it follows from the explanations to the report on financial results for 2022 that ABBYY Production of plans to continue to work, counting on support from its foreign owners. And the Russian LLC "Abbyy" has been in liquidation since December 2022.Īfter February 2022, Abbyy, we recall, "disowned" its Russian business, taking it beyond the perimeter - to the company "Content AI" (Content AI), the founders of which were former managers of the Russian Abbyy. In March 2023, Abi Production changed its founders: now it is almost 100% owned by the American ABBYY Inc. (Cyprus), Abi LLC ( Russia) and a number of others. In 2022, these included ABBYY Development Inc. In addition, unlike 2021, in 2022 the company did not provide consulting services at all.Ībi Production in 2022 earned only about 3.8 million rubles on royalties against 3.1 billion rubles a year earlier "(photo - Sergey Porter/Vedomosti)"Īt the same time, the vast majority of ABBYY Production of 's work in 2022 was performed for related legal entities, it follows from the explanations to the report on financial results. So, in 2021, Abi Production received 3.1 billion rubles from royalties - more than two times more money than from software development services for the same period. It's very different from how it used to be. She received almost all the revenue for software development services and earned almost nothing on license payments (royalties). In the reporting period, the revenue structure of ABBYY Production changed. The company ended the year with a net loss of 255.7 million rubles, follows from its financial statements published in March 2023.įrom the explanations to the report on financial results published in the database of the Federal Tax Service, it follows that the average annual number of employees in 2022 amounted to 396 people, i.e. In 2022, the revenue of Abbyy, the largest legal entity in operation in Russia, Abi Production, decreased by 47% to 2.4 billion rubles. History 2023: Russian legal entity Abbyy ended the year with a loss, but has no plans to close despite geopolitics The total revenue of ABBYY PRODUCTION LLC and ABBYY LLC from the financial statements for 2020-2021 is indicated. Performance indicators 2021: Revenue decrease by 14.9% to RUB 5,462 millionĪt the end of 2021, ABBYY's revenue amounted to 5,462 million rubles, down 14.9% compared to 2020, which allowed it to take 92nd place in the ranking of TAdviser100: The largest IT companies in Russia 2022. 1989: David Yang establishes BIT Software.2006: Beginning of Department Support at MIPT.2009: RAS names Abbyy the most competitive software developer.Global sales growth by 35% and 45% in Russia.Company with the best corporate reputation.
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