Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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The number of bankrupt companies is growing in Russia

The number of bankrupt companies is growing in Russia
Photo: pixabay.com

Over the past seven years, the number of law firms that are in bankruptcy has increased by more than forty percent. The reason is not only the economic situation, but also the desire of unscrupulous businessmen to write off debts.

How told RBC in the Federal Tax Service, often companies go into bankruptcy without property. Thus, they leave their creditors with nothing.

According to statistics from the ministry, conscientious entrepreneurs who were forced to close their business, for objective reasons, are no more than 10% of the total number of bankrupts.