Russian businesses faced with rising bankruptcies

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www.vsyako.netAlexander vilf / RIA Novosti

The number of companies which became bankrupt in the first quarter of this year rose 2.4 percent compared with the same period last year, according to owned by Grigory Berezkin RBC, citing data from the Center for macroeconomic analysis and short-term forecasting.

During the year the number of bankruptcies grew by 1.9 percent. Compared to pre-crisis first quarter of 2014 their total number rose to 9.9 percent.

Often bankruptcy is noted in construction, commercial services, agriculture and engineering. Decreased the number of bankruptcies in the industry. In trade, food industry, transport and communications, as well as in metallurgy, the level of bankruptcies has not changed.

According to experts, from-for problems with liquidity, banks began to actively use bankruptcy to return the funds, and less willing to meet restructuring defaulters and arrears.

Bankruptcy spurred the cleanup of the banking sector. Each rehabilitation or revocation of license, according to expert estimates, produces 50 — 100 new corporate bankruptcies.

Earlier in may, revealed that nearly two million Russians may file a claim for bankruptcy, but don’t do it. It is people who have debts exceeding 250 thousand roubles, and almost all funds go to pay for the delay.

Video, photo All from Russia.

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