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Russian courts declared 5,364 companies bankrupt in the first nine months of 2026, a 13.3% increase year over year. However, the figure was 31.7% below the average for the same period from 2012 to 2025, which was about 7,850 proceedings. In the third quarter, courts began liquidating 1,818 companies, down 4.5% from the second quarter but up 18.5% year over year. The number of external administration and financial rehabilitation proceedings also rose to 49, compared with 39 in the same period of 2025.
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