Over 200,000 Small and Medium Businesses Close in Russia in Q1 2026

Approximately 209,000 small and medium-sized businesses ceased operations in Russia during the first quarter of 2026, marking a nearly 9% increase compared to the same period in 2025. Experts attribute these closures to declining demand and higher taxes.

15 May, 17:57 — 15 May, 17:57

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meduza114d ago

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.

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Over 200,000 Small and Medium Businesses Close in Russia in Q1 2026

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

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