cross-posted from: https://lemmy.sdf.org/post/41524379 > Archived > > Nearly one in three of Russia’s largest companies posted losses in the first half of 2025, the highest share since the Covid-19 pandemic, underscoring the toll of war and sanctions on the country’s economy, the pro-Kremlin newspaper Izvestia reported on Tuesday. > > According to figures from the state statistics agency Rosstat, some 19,000 companies collectively lost more than 5 trillion rubles ($62 billion) between January and June. Meanwhile, 43,000 businesses posted combined profits of 18.4 trillion rubles ($228 billion) for that same period. > > The data did not include small and medium-sized firms, financial institutions and state entities. > > Izvestia said it was the first time since the pandemic lockdowns of 2020 that the share of unprofitable businesses topped 30%. Experts who spoke to the newspaper said that no more than 20% of firms typically operate at a loss in advanced industrialized economies. > > […]