Nearly 5,400 Russian companies were declared bankrupt in the first nine months of 2026, up 13.3% year on year, as falling consumer demand, high borrowing costs, and heavier taxes strained businesses, The Moscow Times reported on November 4.
The Russian courts declared 5364 companies bankrupt during the first nine months of 2026, an increase of 13.3% annually, although the cases remain 31.7% below their historical average, according to official data.