8legs: Russian union of industrialists and entrepreneurs

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Big business in Russia on brink of default – intelligence

The report says 62% of civilian firms in 2025 saw profits fall, signaling broad downturn in Russia's corporate sector.
Investments were cut by 66% and 15% of projects were frozen, highlighting tightening conditions.
Accounts receivable rose for 72% of companies, including state-owned firms, worsening liquidity.
Some businesses anticipate staff cuts in the second half of 2026 as liquidity pressures grow.
RUIE warns that the cost of capital remains high and demand is weak, fueling a wave of defaults.
The government and Central Bank are accused of uncoordinated macro policies that hamper investment.
By year-end, 21 of 28 priority sectors contracted, while defense-linked firms grew.
Analysts warn of increasing militarization of the economy due to policy and sector shifts.
The Foreign Intelligence Service framed the report as evidence of systemic capital pressures under current policy.

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