Almost every third company in Russia has recorded losses. This is a record since the 2020 pandemic
In the first half of 2025, the share of unprofitable enterprises in Russia reached 30.4%, the highest figure since the 2020 pandemic, when 35% of Russian companies were operating in the red. About writes The Moscow Times.
In total, about 43,000 Russian companies made a profit of more than 18.4 trillion rubles ($230 billion) in the first six months of 2025. At the same time, about 19,000 organizations declared losses of more than 5 trillion rubles ($62 billion).
Freedom Finance Global analyst Volodymyr Chernov emphasized that in most developed countries, the share of loss-making companies ranges from 10-20%. A figure of 30% indicates serious systemic problems in a number of sectors.
The largest losses are recorded in coal mining, water supply and waste management, as well as in research and passenger transportation. In these industries, up to half of the enterprises operate at a loss.
The problems also cover the construction and production of cars, household appliances, and industrial equipment, where competition with Chinese manufacturers is particularly pronounced.
Experts warn that rising unprofitability leads to a reduction in tax revenues, a drop in investment, an increase in debt burden, and the risk of bankruptcies. This could lead to additional inflationary pressure, as the surviving companies will raise prices.
Sergey Katyrin, President of the Russian Chamber of Commerce and Industry, predicts that the share of loss-making companies may increase further if current macroeconomic conditions persist.
- Pros estimates According to Reuters, Ukrainian drone attacks caused up to 3.1 million tons of oil refining to be idle in August (almost half of the total downtime – 48%). Russia has lost about 17% of its processing capacity – This is about 1.2 million barrels per day.
- On September 1, the Center for Countering Disinformation reported that russian metallurgy is experiencing the deepest crisis since the beginning of the full-scale war in Ukraine.
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