Home / Technology / Russia’s Sberbank takes stake in Element as Putin pushes tech sovereignty

Russia’s Sberbank takes stake in Element as Putin pushes tech sovereignty

Sberbank, Russia’s biggest bank turned technology conglomerate, has taken a major stake in leading electronics producer Element, as Moscow pushes for sovereignty in the production of the high-tech components needed for the war in Ukraine.

MOSCOW, Jan 23 (Reuters) – Sberbank, Russia’s biggest bank turned technology conglomerate, has taken a major stake in leading electronics producer Element, as Moscow pushes for sovereignty in the production of the high-tech components needed for the … [2603 chars]

Source: Reuters | Published: 2026-01-23T10:21:09Z

Credit: Reuters

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