Russia's corporate sector entered 2026 in a state of managed collapse due to sanctions pressure and higher taxes.
The Foreign Intelligence Service of Ukraine stated this on its website, according to Ukrinform.
According to the intelligence service, "Three-quarters of Russia's largest companies reported a decline in revenue and profit or direct losses at the end of 2025. Dividends have become a luxury that most can no longer afford."
More than half of Russian companies, 53%, reported cash-flow gaps in 2026. For 27% of them, this is a new reality. The crisis hit the oil and gas and raw materials sectors, wholesale and retail trade, and heavy industry hardest.
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