A big story overheard by media (thank you @krutikhin.bsky.social for noticing). Former Yukos shareholders are seizing Russian assets in Norway (state-owned coal producer Arcticugol) www.dn.no/jus/yukos/mi...

Another Russian major which is sinking is Russian Post. With 200k employees, debt almost the size of Revenue and no money to repay them. They are likely to require billions of USD from the state budget or go bankrupt
www.moscowtimes.ru/2025/04/23/s...

Two major and strategic Russian companies on the verge of collapse:
1. Rosgeo (100% state owned) 60B of debt defaulted in Oct’24
2. Segezha (wood processing): 180B of debt, on the verge of restructuring (converting debt into shares)

Why it is important?

Russian Railways load falls 7% yoy. That’s huge, because RR has huge fixed costs and 7% load reduction will lead to significant losses

Russian truck delivery market:
-30% volumes yoy (in Jan-Feb)
-20% rates reduction
20% of fleet on the verge of bankruptcy

SVO goes according to the plan =)

www.forbes.ru/biznes/53255...

I doubt that Gazprom will fire 40% of their HQ. They are likely just to be transferred from HQ to subsidiaries which will only lower their salaries

A great (as usual) article from @theins.press on the Russian economy. In short: either GDP isn‘t growing or inflation is much higher than the official 9% p.a.

theins.ru/ekonomika/27...