The number of bankruptcies among sole traders in Russia has risen significantly, increasing by 29% year-on-year in the first quarter of 2026 to 8,146 cases.
Source: The Moscow Times, an independent Amsterdam-based news outlet, citing Vedomosti, a Russian news outlet
Details: The figures concern sole traders with debts exceeding RUB 1 million (about US$14,000) who apply to court for a declaration of insolvency.
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Meanwhile, the number of bankruptcies between January and March 2026 was 2.6 times higher than in the same period of 2024, when 3,134 cases were recorded, and 3.3 times higher than in the first quarter of 2023, when there were 2,492 cases.
