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Russia's Business Count Hits Decade Low Amid Economic Struggles

9/22/2025

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Story summary
  • September 1, 2025, Russia has 3.17 million registered businesses, lowest since 2010, down from 3.29 million in 2023.
  • About 486,000 have disappeared since 2022, in trade, construction, and industrial sectors.
  • Central Bank rates peak at 21%, with tighter tax control driving decline.
  • Government considers tax increases; EU plans a ban on Russian LNG imports by January 2027 under U.S. pressure.