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Все новости от 8 декабря 2000 г.

Yandex director expects decrease in investments in Internet projects

General director of Yandex Arkady Volozh has announced some results of his company's work this year and plans for future. According to Mr. Volozh, currently Yandex, like many other Russian Internet projects, is unprofitable. Monthly expenses exceed $150,000, while incomes usually only amount to $50,000-$70,000. However, if the Internet continues to grow at today's rate, in a couple of years Yandex may start to generate some profit. For the past year, the number of visitors to Yandex resources doubled. Mr. Volozh also assumes that Internet-oriented companies in Russia may have to reconsider their financial policies as the fall of Nasdaq may result in a decrease in Internet investments in Russia.

 

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