Accounts payable of the Russian fisheries complex exceeded 1 trillion rubles

Published 2024년 12월 5일

Tridge summary

The Russian fisheries complex is facing significant financial challenges, with accounts payable exceeding 1 trillion rubles, nearly equal to the industry's annual turnover. The industry has seen a 26% decrease in profit and more than 40% of companies operating at a loss. The industry's development could potentially follow two scenarios, with a predicted decrease in profits from fishing expected to reach 76 billion rubles in 2025. The pollock sector, which makes up about a third of the industry, is experiencing negative trends, with increasing unprofitability due to pressure from foreign markets, including sanctions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is almost equal to the annual turnover of the industry, said the head of the All-Russian Association of Fishery Industrialists Moscow. December 5. INTERFAX.RU - The accounts payable of the Russian fisheries complex currently exceeds 1 trillion rubles and is almost equal to the annual turnover of the industry, said the president of the All-Russian Association of Fishery Industrialists (VARPE) German Zverev at a general meeting of VARPE and the All-Russian Association of Employers-Fisheries Industrialists (RSRR) on Thursday in Moscow. "The financial and economic situation of the fisheries complex has become much more complicated this year. According to the results of eight months, profit has decreased by 26% - from 81 billion to 60 billion rubles, more than 40% of enterprises in the industry are operating at a loss. The total debt of the industry on loans and credits amounted to over 1 trillion rubles and is almost equal to the annual turnover," Zverev said. According to him, in ...
Source: Interfax

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