The number of company bankruptcies in Russia has almost halved during the year

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In the January-March period of this year, the number of corporate bankruptcies (meaning bankruptcy proceedings against the company) in Russia decreased by 46.2% compared to the same period of 2022 to 1368. socialbites.ca ” Fedresurs” – Unified Federal Bankruptcy Information Register. According to these statistics, the number of observation transactions decreased by 0.9% to 1807 in the same period.

The head of the Fedresurs, Aleksey Yukhnin, noted that the statistics were affected by the moratorium on the submission of bankruptcy petitions by creditors of all persons, except developers. It was valid from April 1 to October 1, 2022.

“At the beginning of 2023, we saw the delayed effect of last year’s six-month moratorium when no new bankruptcy cases started. Considering that the number of observations has returned to the levels of the beginning of 2022, I think that the number of bankruptcy cases will soon catch up with the values ​​​​of that period, which was 700-900 per month, ”said Yukhnin.

According to Fedresurs, the share of bankruptcy proceedings initiated against companies by bankruptcy creditors increased significantly from 68.9% in the first quarter of 2022 to 81.3% in the first quarter of 2023. The share of the Russian Federal Tax Service as an applicant decreased significantly (from 23.3%) to 9% during the same period. Borrowers started going bankrupt on their own initiative in 9.5% of cases (vs. 7.3% the previous year), with employees (0.5% versus 0.5%) of cases.

The leaders in the number of companies that went bankrupt among the regions in the first quarter of 2023 were: Moscow, Moscow Region, St. Petersburg, Krasnoyarsk and Khabarovsk Territories follow from the registry data.

Also at Fedresurs reportedThe number of out-of-court bankruptcy cases doubled during the year.

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