Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

More than a Third of Russian Companies from Various Industries can Become Bankrupt
17.05.2020 11:43

More than a third of Russian companies from various industries can become bankrupt due to the COVID-19 coronavirus pandemic, Reuters reports citing a study by the Center for Strategic Research (CSR). Of these, trade and service companies are at the highest risk of bankruptcy (40%). 80% of companies expect their counterparties to go bankrupt.

      “Not only the companies that suffer first are affected by crisis, but also their counterparties within the industry and in production chains. This is one of the features of the current crisis,”
Alexander Sinitsyn, the President  of CSR says. According to him, the risk of bankruptcy this year is twice as high as during the 2014 crisis. According to the study, among the reasons for possible bankruptcy, the respondent companies most often indicated a drop in demand, inability to service a loan and a forced suspension of activity.




Author: Anna Dorozhkina

Tags: coronavirus Russian business Russian economy   

Next Previous


You might also find interesting:

Moscow will Distribute to Businesses Free Accounts on eBay and Europages
08.10.2020
Acceptance of Applications for Moscow Business Subsidies Resumed
14.09.2020
23 Russian Companies Entered the List of the Largest in the World
15.05.2020
The Central Bank will Restrict the Sale of Complex Investment Products to Inexperienced Investors
12.01.2021
Research: Russians Do not Believe the Recommendations of Famous People
07.09.2020



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share


TAGS:
Sports  Russian Stage Directors  Castle Of Treachery And Love  Sheremetyevo Airport  Crimea  Amur tigers  third places Moscow  tax  Russian Film Distribution  Festivals in Moscow  Hermitage  Russian business  Russian Railways  Norman Format  Tchaikovsky Competition  protest actions  Mercedes-Benz Fashion Week Russia  Kemerovo Region  Russian theatre  Moscow  Petr Miturich  Theatre Festivals  Lipetsk Region  Plyos  Russian regions  mode of life  Exhibitions in Moscow  Minsk Agreements  Tapestries  Alexei Navalny  Russian economy  New Italian Cinema Festival  Weekend tourism  children  Gourmet Tours  Sergey Lavrov  Burma  Hats  travel to Russia  Kazan  Russian political parties  French Etchings  Russian Cinema  Internet in Russia  Russian tourism  Russian army  Space Debris  St. Petersburg  Russian academy of sciences  Vyacheslav Novitchkov 


Travel Blogs
Top Traveling Sites