The Moscow Times: Since the beginning of the year, the number of payment defaults in tenders announced by state-owned companies (!) has almost tripled in #Russia. While in 2024 there were 1.5 billion roubles worth of enforcement requests, this year the figure has already reached 4.03 billion. It is mainly state-owned companies that are in arrears with payments to subcontractors, causing a whole cascade of arrears further down the line."

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