Russian Companies Are Going Bankrupt Faster as Taxes Rise and Demand Falls
- Nearly 5,400 Russian companies were declared bankrupt in the first nine months of 2026, up 13.3% year on year, as falling consumer demand, high borrowing costs, and heavier taxes strained businesses, The Moscow Times reported on November 4.
- Citing Russia’s Unified Federal Register of Bankruptcy Information, the outlet reported that 1,800 companies were declared bankrupt in the third quarter alone, an 18.5% annual increase.
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- Nearly 5,400 Russian companies were declared bankrupt in the first nine months of 2026, up 13.3% year on year, as falling consumer demand, high borrowing costs, and heavier taxes strained businesses, The Moscow Times reported on November 4.
- Citing Russia’s Unified Federal Register of Bankruptcy Information, the outlet reported that 1,800 companies were declared bankrupt in the third quarter alone, an 18.5% annual increase.
Sources: United24media