More than a third of Russian companies from various industries can become bankrupt due pandemic coronavirus COVID-19, according to Reuters, citing a report from the Center for strategic research (CSR).
most Of them exposed to bankruptcy risk of companies engaged in trade and services (40%). 80% of companies expect the risk of going bankrupt is their counterparties.
“the Crisis affects not only companies that are first to suffer, but also their counterparts within the industry and the value chain. This is one of the peculiarities of the current crisis,” — said the President of TSSR Alexander Sinitsyn. According to him, the risk of bankruptcy this year is twice higher than in the crisis in 2014.
According to the study, among the reasons for a possible bankruptcy company-respondents is often pointed to falling demand, the inability to repay the loan and the forced suspension of activities.