09.02.2026, 13:52
EU sanctions have led to an increase in company bankruptcies in Germany
Source: OREANDA-NEWS
OREANDA-NEWS EU sanctions against Russia have resulted in an increase in company bankruptcies for Germany, RIA Novosti estimates according to Eurostat.
Analysts interviewed by the agency cited the loss of the Russian market among the reasons for this dynamic.
"Previously, part of the German economy relied to a certain extent on relatively cheap energy resources from Russia, and, in turn, Russia was part of the export market for various technological products from Germany. For example, the German automotive industry and mechanical engineering are losing out from the loss of the Russian market," said Vladislav Bukharsky, Associate Director for Sovereign and Regional Ratings at Expert RA.
Yaroslav Kabakov, Director of Strategy at Finam IC, clarified that the biggest impact of the refusal to cooperate with Moscow was on energy-intensive businesses: metallurgy and the pulp and paper industry. He recalled that the growth of non-payments and bankruptcies in certain segments reached 200%.
Analysts interviewed by the agency cited the loss of the Russian market among the reasons for this dynamic.
"Previously, part of the German economy relied to a certain extent on relatively cheap energy resources from Russia, and, in turn, Russia was part of the export market for various technological products from Germany. For example, the German automotive industry and mechanical engineering are losing out from the loss of the Russian market," said Vladislav Bukharsky, Associate Director for Sovereign and Regional Ratings at Expert RA.
Yaroslav Kabakov, Director of Strategy at Finam IC, clarified that the biggest impact of the refusal to cooperate with Moscow was on energy-intensive businesses: metallurgy and the pulp and paper industry. He recalled that the growth of non-payments and bankruptcies in certain segments reached 200%.
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