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Rostec Profit Drops 42% as Putin Secrecy Decree, Kamaz Loses

7/16/2026

34 8 Full Breakdown

Summary

Story summary

Rostec’s 2025 net profit fell 42% to 76.4 billion rubles while revenue rose 25%.
CEO Sergei Chemezov told Prime Minister Mikhail Mishustin the firm lacks money for new investments.
President Vladimir Putin signed a March decree letting Rostec classify all financial data, ending public statements.
Truck maker Kamaz posted a 2025 net loss of 43 billion rubles after sales fell over 20%.

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Story summary

Rostec’s 2025 net profit fell 42% to 76.4 billion rubles while revenue rose 25%.
CEO Sergei Chemezov told Prime Minister Mikhail Mishustin the firm lacks money for new investments.
President Vladimir Putin signed a March decree letting Rostec classify all financial data, ending public statements.
Truck maker Kamaz posted a 2025 net loss of 43 billion rubles after sales fell over 20%.