YTD losses of Russian companies exceeded RUB 6 trillion
27 November 16:18
The losses of Russian companies increased sharply in 2025: from January to September, the total figure increased by almost a quarter year-on-year to 6.52 trillion rubles, according to Rosstat data, "Komersant Ukrainian" reports, citing Russian propaganda media.
18,400 companies lost money, which is 11% more than in the same period last year. In turn, 44,400 organizations made a profit of 25700000000000 rubles, which is 1.2% less year-on-year. Thus, the balanced profit of commercial organizations (profit minus loss) for the reporting period amounted to 19200000000000 rubles, which is 7.7% less than in the same period of 2024.
More than half of the companies incurred losses in coal mining (68.1%), electricity, gas and steam supply (54.7%), water supply, waste collection and disposal (52.9%). The share of unprofitable companies is close to half in logging (45%), oil production (48.1%), financial and insurance activities (44%), and research and development (41.8%). In almost all industries, the share of profitable organizations declined over the past nine months. The exceptions were fishing (up 12 p.p.), air and space transportation (up 10.8 p.p.), public administration and military security (up 7.4 p.p.), and the production of medicines and materials (up 4.9 p.p.).
The financial results of companies have begun to affect their payment discipline. At the end of the third quarter, almost 40% of organizations faced the problem of non-payment by counterparties, according to the Russian Union of Industrialists and Entrepreneurs (RSPP). In particular, state-owned companies began to delay payments under contracts with 223-FZ. Business investment also declined significantly during the year. Investments in fixed assets in April-June slowed down almost 6 times, to 1.5% yoy after 8.7% in the first quarter, Rosstat reported.
In October, there were almost 714 thousand legal entities and individual entrepreneurs in debt on loans in Russia, of which almost a quarter (about 171 thousand) were overdue, according to Central Bank statistics. This share has become a record for at least 2.5 years. At the same time, the figure increased by 6 percentage points in 12 months, and has almost doubled since the beginning of 2023.
