Publication date:
March 8, 2024
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.