Swedbyte: Russia Operations Status & Business Impact
LeaveRussia detail: Scaling Back
Computer support and services in Stockholm, Sweden. Swedbyte is a Value Added Reseller with expertise in selected busines areas, and go-to-market partner in CEE and the Nordics for leading cloud vendors.
Business in Russia
On its website, the company indicates that it assisted the Russian PIK group of companies in implementing Asana. On February 23, 2024, several companies of the PIK group (PJSC 'PIK Specialized Developer,' LLC 'PIK Corporation,' LLC 'PIK Plus,' LLC 'PIK Genpodryad,' and LLC 'General Contractor MFS'), along with the group’s main shareholder, Sergey Gordeev, were added to the United States sanctions list. The U.S. Department of State noted that the General Contractor MFS “is allegedly involved in the recruitment of contract soldiers for Russia’s war in Ukraine.” Another company for which Swedbyte implemented Asana is SberCloud. On April 6, 2022, the U.S. imposed full-blocking sanctions on Sberbank, Russia's largest state-owned bank and the owner of SberCloud. In an attempt to shield SberCloud from sanctions, Sberbank subsequently withdrew as a shareholder. On June 29, 2022, the U.K. imposed sanctions on SberCloud’s new owner, JSC New Opportunities. According to the British sanctions justification, JSC New Opportunities gained control over part of Sberbank’s assets and, as a result, is supported by the Russian government in conducting business within a strategically important sector — the information, communication, and digital technology sector. These connections raise concerns about Swedbyte's compliance with international sanctions and the ethical implications of continuing business with sanctioned entities.
Decision trail
Decision date 07/11/2024 · Reference ↗
According to the Federal Tax Service of Russia, in 2023, Swedbyte's Russian subsidiary (ООО “Сведбайт”) paid RUB 94 million (~USD 1 million) in taxes and fees to the Russian budget. Its revenue increased by 38%, reaching RUB 501.1 million (~USD 6 million). Revenue decreased in 2024 vs 2023 by more than -10%.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — scaling back · Imported from KSE LeaveRussia
Exposure profile
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Start 7-day Pro trialGeopolitical context and sanctions impact
Swedbyte is a IT company based in Sweden. Current Russia status in our dataset is scaling back: a wind-down in progress still leaves residual contracts, staff, inventory or distributors that can trigger sanctions or reputational exposure. Eastern Europe Impact translates those facts into business consequences — sanctions screening, supply-chain exposure and reconstruction-side opportunity — with transparent confidence labels rather than speculation.
Risk assessment and how to use this profile
Start with the status badge and decision trail, then check possible sanctions matches and recent events mentioning Swedbyte. A 7-day Pro trial adds watchlists so you are notified if Russia status, designations or linked events change. Full exposure maps (energy, transport, commodities) are on Professional. This page is risk information, not legal or investment advice.
Questions about Swedbyte
What kind of data does Eastern Europe Impact provide on Swedbyte?
- Eastern Europe Impact publishes verified intelligence on Swedbyte's Russia status: current operating posture, sources (including the KSE LeaveRussia project), status history since 2022, sanctions-list matches, and linked events. Each profile is risk information for compliance and due diligence — not legal advice.
How can Eastern Europe Impact data on Swedbyte help my business?
- Use the Swedbyte profile to check counterparties, suppliers and customers for Russia exposure, sanctions proximity and recent events before you contract, ship or invest. Watchlists alert you if the status or designations change.
How do we verify the information on Swedbyte?
- We compile public reporting, company statements and the KSE LeaveRussia dataset, then label uncertainty. Status is not a legal determination — verify against primary filings and counsel before acting. Corrections go to corrections@easterneuropeimpact.com.
How much does Eastern Europe Impact cost?
- The company checker is free. A 7-day Pro trial (no credit card) unlocks live Daily Impact Briefs, full event profiles and watchlists. After the trial, Individual is €19/month; Professional and Business add exposure maps, sanctions entity pages and API access. See /pricing.