War hits business: Russia faces systemic crisis of non-payments - CPD
Kyiv • UNN
Almost 40% of large companies in Russia have faced non-payments from counterparties, which has become the main barrier to business operations. The amount of overdue debt exceeded 3.8 trillion rubles, with manufacturing enterprises owing the most.
Almost 40% of large companies in the Russian Federation faced non-payments from counterparties. This was reported by the Center for Countering Disinformation of the National Security and Defense Council of Ukraine (CPD), informs UNN.
Details
It is noted that, according to a survey by the Russian Union of Industrialists and Entrepreneurs, this problem has become the main barrier to business operations, even surpassing falling demand and credit problems.
According to Rosstat, the amount of overdue debt of companies to suppliers exceeded 3.8 trillion rubles (over $47 billion). In just eight months of 2025, the volume of non-payments increased by 11%, and since the beginning of 2024 - by 35%. The largest debtors are enterprises of the processing industry - over 1.5 trillion rubles (almost $20 billion)
They are convinced that this situation is a consequence of the war, because due to sanctions against the Russian Federation, businesses have lost sales markets, and expensive loans due to the high key rate force companies to save even on payments for obligations.
"An additional blow was the reduction of government spending. Against the backdrop of a collapse in oil and gas revenues and a budget deficit, the Kremlin is cutting civilian programs, prioritizing military ones. Business is sinking deeper into crisis," the CPD summarized.
Recall
The Russian authorities have come up with another way to extort money from their own population to plug a hole in the budget: from 2026, a new tax - a "technological fee" - will be introduced in Russia. It will be levied on equipment and electronics, which are mainly imported from abroad.