200,000 small and medium-sized businesses closed in Russia in the first quarter of 2026. Experts cite falling demand and higher taxes.

200,000 small and medium-sized businesses closed in Russia in the first quarter of 2026. Experts cite falling demand and higher taxes.

Some 209,000 small and medium-sized businesses closed in Russia between January and March 2026 — nearly 9% more than in the same period of 2025, Forbes Russia reported, citing data from the business analytics service Kontur.Focus. Russia has a total of 6.9 million such businesses.

Original Source

Read the full article at Meduza →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.