The situation with the number of bankruptcies in Russia has stabilized


Moscow. January 12. The number of companies declared bankrupt, amounted in Russia in 2015 14,624 thousand, an increase compared to the previous year by less than 1%, according to the Uniform Federal register of data on bankruptcy.

The growth in the number of bankruptcies, which in the first quarter of 2015, 22% compared to the same period of the previous year, then was slowed down during the second and third quarters. In the last three months of the year was bankrupt and does 18% less than in the fourth quarter of 2014.

The maximum number of messages on recognizing the debtor bankrupt in March (1,548 thousand), and then it began to decline in November to 955.

Experts stated at the beginning of the year that the increase in the number of bankruptcies so far has more to do with subjective and legal factors (entry into the end of 2014 or early 2015 because of the amendments to the law on bankruptcy), rather than with macroeconomic factors and trends to a sharp increase in the number of bankruptcies in Russia is not observed. However, the reduction in the number of bankruptcy debtors by experts associated with the fact that since the fourth quarter of 2015 in respect of individual entrepreneurs make decisions on introduction of procedure for the sale of the property, not the bankruptcy, in accordance with the law on bankruptcy of natural persons.

Trend in the number of bankruptcies is very sensitive primarily to the profits of companies. Meanwhile the occurred devaluation and other one-time factors boosted profitability of steel companies in 2015.

“A prerequisite to reduce the number of bankruptcies was the dynamics of the financial situation of companies. Just since the beginning of 2015 has been a sharp jump in profitability since the devaluation effect is captured primarily by the companies and not the public. Moreover, the company was still working on the old stocks purchased at the old prices,” – said the leading expert of the Center for macroeconomic analysis and short-term forecasting (CMASF) Vladimir Salnikov.

“Another thing – what will happen next, because it is unclear how easy it will be for enterprises to adapt to the new wave of devaluation. Still, with the growth of financial results is the contraction of markets for many companies that operate on the domestic market. The situation is now quite uncertain from the point of view of prospects for 2016”, – he said.

In 2014 the number of bankruptcies totalled 14,514 thousand, an increase compared to the previous year by nearly 20%.

The unified Federal register of bankruptcy information (EPSB) since April 2011. Insolvency practitioners disclose through the Unified Federal register of information about all stages of the process of bankruptcies of companies, the organizers of the auction report on auction of property, etc.