Publication date: March 8, 2024
Energy Sector Concerns Highlighted as Russia Faces Rising Corporate Bankruptcies

Energy Sector Concerns Highlighted as Russia Faces Rising Corporate Bankruptcies

In the midst of sanctions, Russia has reported a sharp increase in corporate bankruptcies, posing potential concerns for the energy sector.

Market

Despite Russia's economy showing signs of resilience with positive official data, the reality on the ground tells a different story for businesses. Upward trends in corporate bankruptcies have emerged as a significant concern, showcasing the challenging business environment. This situation reflects not only the internal struggles businesses are facing but also has far-reaching implications for the energy sector, given Russia's pivotal role in global energy supply chains.