TruthOrFake Logo
TruthOrFake
Fact Check: Business turnover in Russia is experiencing a significant dip.

Fact Check: Business turnover in Russia is experiencing a significant dip.

Published June 30, 2025
ByFactChecker 1.1 avatarFactChecker 1.1
±
VERDICT
Partially True

# Fact Check: "Business turnover in Russia is experiencing a significant dip." ## What We Know Recent reports indicate that business conditions in Ru...

Fact Check: "Business turnover in Russia is experiencing a significant dip."

What We Know

Recent reports indicate that business conditions in Russia are deteriorating. A survey conducted by Yakov & Partners revealed that one in three Russian companies reported worsening conditions over the past six months, marking the highest level of pessimism since the onset of the Ukraine conflict in 2022 (The Moscow Times). Specifically, 34% of firms noted a decline in their situation, up from 16% in May 2024 and 24% in December 2022 (The Moscow Times).

Industries most affected include mining, heavy industry, chemical manufacturing, and the oil and gas sector. Additionally, 25% of companies reported pausing or slowing investment projects, while 13% suspended all nonessential projects (The Moscow Times). The survey also highlighted that 42% of respondents cited rising borrowing costs as a significant obstacle, reflecting the impact of the Central Bank's high interest rates (The Moscow Times).

Despite these challenges, the survey showed that 66% of businesses claimed their conditions had either remained stable or improved, although this is a notable decline from 84% in 2024. Furthermore, 90% of business leaders expressed optimism about future conditions (The Moscow Times).

Analysis

The claim that business turnover in Russia is experiencing a significant dip is supported by substantial evidence from the Yakov & Partners survey, which reflects a growing pessimism among businesses. The increase in reported difficulties, particularly in key sectors like oil and gas, suggests a broader economic downturn. The survey's findings align with other reports indicating a decline in industrial output and overall economic activity (Reuters, Bakunetwork).

However, the narrative is nuanced. While a significant portion of businesses report worsening conditions, a majority still indicate stability or improvement. This duality suggests that while some sectors are struggling, others, particularly in IT and consumer goods, are adapting and finding ways to thrive (The Moscow Times). The optimism expressed by business leaders also indicates that there may be a potential for recovery, albeit under challenging circumstances.

The reliability of the sources used in this analysis is generally high. The Yakov & Partners survey is a reputable research effort, and The Moscow Times, despite being labeled as an "undesirable organization" by the Russian government, has a history of providing independent journalism and credible reporting on Russian economic conditions (The Moscow Times). However, one must consider potential biases due to the political climate in Russia, which may affect the framing of economic data.

Conclusion

The claim that "business turnover in Russia is experiencing a significant dip" is Partially True. While there is clear evidence of declining conditions in several sectors, the overall picture is mixed, with many businesses reporting stability or even improvement. The economic landscape is complex, reflecting both significant challenges and areas of resilience.

Sources

  1. Russia's oil and gas budget revenue falls by more than a ...
  2. 1 in 3 Russian Businesses Say Conditions Have Worsened ...
  3. 1 in 3 Russian Businesses Say Conditions Have Worsened ...
  4. Budget on the Brink: Where Is Russia's Economy Headed ...
  5. Russian Economy and Sanctions Brief – March 2025
  6. Early frosts – the Russian economy at the end of spring 2025
  7. Business activity in Russia drops to a two-year low as sales ...

Have a claim you want to verify? It's 100% Free!

Our AI-powered fact-checker analyzes claims against thousands of reliable sources and provides evidence-based verdicts in seconds. Completely free with no registration required.

💡 Try:
"Coffee helps you live longer"
✓100% Free
✓No Registration
✓Instant Results

Comments

Leave a comment

Loading comments...

More Fact Checks to Explore

Discover similar claims and stay informed with these related fact-checks

Fact Check: Zohran Mamdani, NYC Democratic mayoral nominee, was hosted for a private breakfast in Washington, D.C. by Representative Alexandria Ocasio-Cortez. 30–40 Democratic members of Congress attended and reportedly described Mamdani as “not a communist or socialist” but an advocate for small‑business capitalism.
Partially True
🎯 Similar

Fact Check: Zohran Mamdani, NYC Democratic mayoral nominee, was hosted for a private breakfast in Washington, D.C. by Representative Alexandria Ocasio-Cortez. 30–40 Democratic members of Congress attended and reportedly described Mamdani as “not a communist or socialist” but an advocate for small‑business capitalism.

Detailed fact-check analysis of: Zohran Mamdani, NYC Democratic mayoral nominee, was hosted for a private breakfast in Washington, D.C. by Representative Alexandria Ocasio-Cortez. 30–40 Democratic members of Congress attended and reportedly described Mamdani as “not a communist or socialist” but an advocate for small‑business capitalism.

Jul 27, 2025
Read more →
Fact Check: Owner comes to our apartment complex weekly to spray and has skipped our apartment multiple times. When he was confronted by management, he said he didn't think of knocking on our door. That is obviously a lie. The man has a business that requires him to knock on doors. This company, this owner, has also promised to follow up with treatments that he never followed through on. I highly recommend going elsewhere for your pest control needs.
Partially True
🎯 Similar

Fact Check: Owner comes to our apartment complex weekly to spray and has skipped our apartment multiple times. When he was confronted by management, he said he didn't think of knocking on our door. That is obviously a lie. The man has a business that requires him to knock on doors. This company, this owner, has also promised to follow up with treatments that he never followed through on. I highly recommend going elsewhere for your pest control needs.

Detailed fact-check analysis of: Owner comes to our apartment complex weekly to spray and has skipped our apartment multiple times. When he was confronted by management, he said he didn't think of knocking on our door. That is obviously a lie. The man has a business that requires him to knock on doors. This company, this owner, has also promised to follow up with treatments that he never followed through on. I highly recommend going elsewhere for your pest control needs.

Jul 21, 2025
Read more →
Fact Check: Tariffs imposed by the Trump administration increased costs and caused business closures.
Partially True
🎯 Similar

Fact Check: Tariffs imposed by the Trump administration increased costs and caused business closures.

Detailed fact-check analysis of: Tariffs imposed by the Trump administration increased costs and caused business closures.

Jul 13, 2025
Read more →
Fact Check: Tariffs have driven specialty suppliers out of business.
Partially True

Fact Check: Tariffs have driven specialty suppliers out of business.

Detailed fact-check analysis of: Tariffs have driven specialty suppliers out of business.

Jul 11, 2025
Read more →
Fact Check: Taxpayer dollars were spent—claimed at “over $10 million”—on Presidential travel specifically to a private-family golf business rather than state or security operations
False

Fact Check: Taxpayer dollars were spent—claimed at “over $10 million”—on Presidential travel specifically to a private-family golf business rather than state or security operations

Detailed fact-check analysis of: Taxpayer dollars were spent—claimed at “over $10 million”—on Presidential travel specifically to a private-family golf business rather than state or security operations

Aug 3, 2025
Read more →
Fact Check: Transcript 00:00 911 was a false flag. For the first 10 years, I did not think anything other than the official narrative then after being shown a video, a close up video of building number seven coming down and that got me going because it's obvious to me that building seven was was a controlled demolition because the building collapses from the bottom down. The trade centers were unique in that they were designed to withstand the 00:33 impact of a a a jet. From what I understand the the outer skeleton of the building. The outer columns was like a a fish net and you had these inner core columns which was substantial thick steel beams to withstand four or five times what the loads were. Got it. The engineers always over design a building. No steel frame building has ever collapsed before or since 9/ eleven. So that should say something right there. And it said that building seven it was 01:05 aggressive collapse that it was caused by fire but progressive collapse unlike the twin towers, the twin towers collapse from the top down. That's a progressive collapse. Sure. Floor by floor by floor. But if you look at the videos of building seven collapsing, it collapses uniformly, it's collapsing from the bottom, the building stays intact all the way to the bottom of the ground and you could see the sides caving in on it. For a building to collapse uniformly which the video show all the load bearing it would have to have failed 01:36 simultaneously. Now, fire doesn't act like that. I came across an analogy of the twin towers and if you could visualize cast iron stoves stacked. One on top of each other. The stoves up at the top. Yes, there's fire and they've been damaged but the stoves on the bottom, they haven't been damaged. Okay. So, the structure underneath all of that is intact. So, it's impossible for a building to collapse near free fall speed and increase. Without a 02:07 controlled demolition. You're running into the path of most resistance. I something else is going on. I don't believe that it was just the planes or the fires I think that and they examine the dust and they found what they call thermitic material which is like a explosive incendiary which was in the dust samples and that's documented. There were reports of the buildings were undergoing a extensive elevator renovation in the two or three years prior to all kinds of 02:40 workers they had access to the the core the cores of the building and on the day of the attack the the elevator company would not assist in the operations of the elevators and the elevator company was the elevator company it subsequently went out of business and a couple of years after that
False

Fact Check: Transcript 00:00 911 was a false flag. For the first 10 years, I did not think anything other than the official narrative then after being shown a video, a close up video of building number seven coming down and that got me going because it's obvious to me that building seven was was a controlled demolition because the building collapses from the bottom down. The trade centers were unique in that they were designed to withstand the 00:33 impact of a a a jet. From what I understand the the outer skeleton of the building. The outer columns was like a a fish net and you had these inner core columns which was substantial thick steel beams to withstand four or five times what the loads were. Got it. The engineers always over design a building. No steel frame building has ever collapsed before or since 9/ eleven. So that should say something right there. And it said that building seven it was 01:05 aggressive collapse that it was caused by fire but progressive collapse unlike the twin towers, the twin towers collapse from the top down. That's a progressive collapse. Sure. Floor by floor by floor. But if you look at the videos of building seven collapsing, it collapses uniformly, it's collapsing from the bottom, the building stays intact all the way to the bottom of the ground and you could see the sides caving in on it. For a building to collapse uniformly which the video show all the load bearing it would have to have failed 01:36 simultaneously. Now, fire doesn't act like that. I came across an analogy of the twin towers and if you could visualize cast iron stoves stacked. One on top of each other. The stoves up at the top. Yes, there's fire and they've been damaged but the stoves on the bottom, they haven't been damaged. Okay. So, the structure underneath all of that is intact. So, it's impossible for a building to collapse near free fall speed and increase. Without a 02:07 controlled demolition. You're running into the path of most resistance. I something else is going on. I don't believe that it was just the planes or the fires I think that and they examine the dust and they found what they call thermitic material which is like a explosive incendiary which was in the dust samples and that's documented. There were reports of the buildings were undergoing a extensive elevator renovation in the two or three years prior to all kinds of 02:40 workers they had access to the the core the cores of the building and on the day of the attack the the elevator company would not assist in the operations of the elevators and the elevator company was the elevator company it subsequently went out of business and a couple of years after that

Detailed fact-check analysis of: Transcript 00:00 911 was a false flag. For the first 10 years, I did not think anything other than the official narrative then after being shown a video, a close up video of building number seven coming down and that got me going because it's obvious to me that building seven was was a controlled demolition because the building collapses from the bottom down. The trade centers were unique in that they were designed to withstand the 00:33 impact of a a a jet. From what I understand the the outer skeleton of the building. The outer columns was like a a fish net and you had these inner core columns which was substantial thick steel beams to withstand four or five times what the loads were. Got it. The engineers always over design a building. No steel frame building has ever collapsed before or since 9/ eleven. So that should say something right there. And it said that building seven it was 01:05 aggressive collapse that it was caused by fire but progressive collapse unlike the twin towers, the twin towers collapse from the top down. That's a progressive collapse. Sure. Floor by floor by floor. But if you look at the videos of building seven collapsing, it collapses uniformly, it's collapsing from the bottom, the building stays intact all the way to the bottom of the ground and you could see the sides caving in on it. For a building to collapse uniformly which the video show all the load bearing it would have to have failed 01:36 simultaneously. Now, fire doesn't act like that. I came across an analogy of the twin towers and if you could visualize cast iron stoves stacked. One on top of each other. The stoves up at the top. Yes, there's fire and they've been damaged but the stoves on the bottom, they haven't been damaged. Okay. So, the structure underneath all of that is intact. So, it's impossible for a building to collapse near free fall speed and increase. Without a 02:07 controlled demolition. You're running into the path of most resistance. I something else is going on. I don't believe that it was just the planes or the fires I think that and they examine the dust and they found what they call thermitic material which is like a explosive incendiary which was in the dust samples and that's documented. There were reports of the buildings were undergoing a extensive elevator renovation in the two or three years prior to all kinds of 02:40 workers they had access to the the core the cores of the building and on the day of the attack the the elevator company would not assist in the operations of the elevators and the elevator company was the elevator company it subsequently went out of business and a couple of years after that

Jul 28, 2025
Read more →
Explore All Fact Checks