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:

The First Serial Electric Car in Russia will be Available Next Year
29.11.2020
Section of Nord Stream 2 was Completed in the Exclusive Economic Zone of Germany
29.12.2020
AnderSon Russian Cafe Network has Become a Partner of the AliExpress Platform
07.07.2020
More than a Third of Russian Enterprises are Unprofitable
11.08.2020
The State Duma Adopted a Law on Tax Maneuver for IT Companies
25.07.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Dynamo Moscow  Russian regions  travel to Russia  Kaliningrad Oblast  Yevgeniya Chirikova  eternal flame  Kuril Lake  Elbrus  Karlovy Vary Film Festival  Darwin Museum  Russian business  Russian Cinema  sports in Moscow  society  Sabine Weiss  poll  Russian tourism  Festivals in Moscow  Mercedes-Benz Fashion Week Russia  Multimedia  Russian Museums   St. Petersburg  Sokolniki Park  bus tickets Russia FIFA  Surgutneftegas  Prizes  Installations  Space Exploration  Brass Band Festival  Street Art  golf in Russia  Winzavod  Vakhtangov Theater  Russian politics  Exhibitions in Moscow  Contemporary Arts  Moscow  Russian government  Aleksey Savatyugin  Lena Karnauhova  Moscow river   Alexey Navalny  Russian airports  Vadim Sidur  Yaroslavl Region  Russian universities  Space Monitoring System   LGBT in Russia  Barnaul Metro  state tour operator 


Travel Blogs
Top Traveling Sites