Russian firms on brink of mass bankruptcies as consumers face huge credit costs
- Posted on January 25, 2025
- By Express
- 4 Views
Russian firms on brink of mass bankruptcies as consumers face huge credit costs
Hit by a triple whammy of soaring loans, plummeting sales, and evaporating state support, many small-and medium-sized companies (SMEs) are teetering on the verge of disaster.