Russian companies

Russia's tourist season collapses as thousands of travel companies shut down

Russia's tourism market is rapidly shrinking as Russians increasingly cut spending on vacations, entertainment and even trips to visit relatives on July 24.

24 July, 06:37 PM

Russian companies face losses – Ukrainian intelligence

Three-quarters of Russia’s largest companies reported falling revenue, declining profits or losses in 2025, describing the corporate sector as entering 2026 in a state of “managed collapse,” Ukraine’s Foreign Intelligence Service said on May 30.

30 May, 07:34 PM

German company allegedly supplied EU technology to Russia despite sanctions

German intelligence agencies have concluded a four-year investigation into a scheme that allegedly allowed a Russian company to acquire technology through Germany that could be used for military purposes, Politico reported on May 18.

18 May, 07:04 PM

One in four Russian companies launched mass layoffs amid economic slowdown

Russian companies have moved to mass layoffs amid worsening economic conditions, with 25% of firms cutting staff in 2025 compared with 10% in 2023, The Moscow Times reported, citing labor market research on May 13.

13 May, 12:41 PM

Beijing’s peace rhetoric contradicted by Chinese-made parts in Russian UAVs

It is “hard” to trust China when it claims not to support Russia or the war while Ukrainian officials find Chinese components in Russian drones, Ukrainian Foreign Ministry spokesman Heorhiy Tykhyi said on Sept. 5.

6 September 2025, 06:15 PM

Russia sets record with 67 companies nationalized in 2024

In 2024, Russia nationalized at least 67 companies with combined revenues exceeding 807.6 billion rubles (approximately $8.5 billion) and assets valued at over 544.7 billion rubles (around $5.7 billion), setting a record since the war began, The Moscow Times reported on Dec. 9.

9 December 2024, 05:39 PM

Russian companies