Russia's Rostec Says Profit Slumped 42% as Sanctions, Debt Weigh on State Industrial Giant
- Rostec CEO Sergei Chemezov told Prime Minister Mikhail Mishustin on Wednesday that the company's revenue rose 25% in 2025, helped in part by state defense orders, but net profit dropped to 76.4 billion rubles ($986 million).
- "Unfortunately, we do not have much of our own m
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- Rostec CEO Sergei Chemezov told Prime Minister Mikhail Mishustin on Wednesday that the company's revenue rose 25% in 2025, helped in part by state defense orders, but net profit dropped to 76.4 billion rubles ($986 million).
- "Unfortunately, we do not have much of our own m
Sources: Themoscowtimes