Russian microelectronics manufacturer Angstrem saw its profit from sales collapse nearly 50-fold in 2025 as mounting liabilities and restructuring costs deepened the financial troubles of one of Russia’s key defense-sector chipmakers.
The Zelenograd-based company reported profit from sales of 16.5 million rubles ($224,400) for 2025, down from 846.2 million rubles ($11.5 million) a year earlier, according to the company’s financial statements. Angstrem posted a net loss of 206.8 million rubles ($2.8 million) on revenue of 4.1 billion rubles ($55.8 million).
Russia’s domestic microelectronics industry faces ongoing difficulties as Western sanctions and years of failed investment projects weigh on companies deemed strategically important for the country’s military-industrial complex.
Angstrem remains a key supplier of microelectronics for the Defense Ministry, state corporations and defense-sector manufacturers. Its shareholders include Element Group, RT-Capital and entities linked to Ruselectronics.
The company said the main reason for the negative financial result was additional liabilities of around 290 million rubles ($3.9 million) owed to Russia’s Deposit Insurance Agency in connection with failed lender BFG-Credit Bank. Those obligations accounted for most of the net loss.
