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Message: [QUOTE="Munyaradzi Mafaro, post: 34881, member: 636"] Moscow had 388 companies go bankrupt in early 2025, making it Russia's top city for business failures. Moscow Region came second with 159 bankruptcies, followed by St. Petersburg with 106 companies closing down. These three areas actually saw fewer bankruptcies than last year - Moscow decreased by 19%, while the other two regions fell by 25%. Across Russia, new bankruptcy cases dropped 22.1% compared to 2024. More creditors prefer settling debts outside courtrooms instead of going through lengthy legal battles. Traditional court recovery options like external management remain unpopular among businesses facing financial troubles. Experts notice this trend toward private solutions rather than public bankruptcy proceedings. Companies seem to find better results through direct negotiations with those they owe money. [/QUOTE]