RUSSIA: A THIRD OF SMALL BUSINESSES COMPLAINED ABOUT SERIOUS NON-PAYMENTS

Almost a third of small and medium-sized businesses (SMEs) ended last year with large non-payments from counterparties. In December, 31% of enterprises “had significant overdue receivables”, showed a survey of SMEs conducted by Promsvyazbank, the NAFI analytical center, and Magram Market Research. In particular, at 12% of respondents, non-payments appeared more than six months ago,…

RUSSIA: SMARTPHONE SALES PLUMMETED BY 25%

The Russian smartphone market plummeted in 2025: according to various estimates, sales fell by 19–25% year-on-year. This follows from the data of the distributor Fplus and “M. Video”, writes “Vedomosti”. In total, over the year, 24.2 million devices were sold in Russia for a total amount of 588 billion rubles, compared to 29.8 million gadgets…