Russian industry and export sectors are at maximum risk of bankruptcy, intelligence service reports
According to Ukrinform, the Foreign Intelligence Service of Ukraine reported this.
The total amount of losses reached $97.3 billion, an increase of 8.1%. The highest concentration of problem enterprises was recorded in the coal mining, coke chemical, metallurgical, tobacco, and leather industries.
Payment discipline is deteriorating. Overdue wage arrears at the end of December 2025 increased to $26.2 million, up 14.5% for the month and 130% for the year. Of this amount, $22.1 million is attributable to debts arising from enterprises' own-funds shortfalls, indicating liquidity problems. The highest levels of arrears were recorded in construction (23.7%), health care and social services (16.6%), and manufacturing (15.4%).
Amid sanctions pressure and the Russian Central Bank's tight monetary policy, large businesses are facing shrinking markets, declining demand, and falling purchasing power. In the short term, this means an increase in bankruptcies and a further weakening of the corporate sector.
In 2026, market contraction and tight financial conditions will keep the pressure on. Profitability will decline, and bankruptcy risks will increase, especially in industrial and export sectors.
As reported by Ukrinform, the Russian authorities are trying to fill the gaps in the state budget, which is suffering from the war against Ukraine, by increasing the use of punishment through confiscation of property.