The report says that in 2025, the debts of the five largest Russian technology companies increased by 53% and reached two trillion rubles. a report Bank of Russia “Financial Stability Review”. First for this data I notice Frank Media.
The debts of these companies are growing faster than their assets, which increased last year by 48% to 4.6 trillion rubles. The bell NotesThe central bank had not previously highlighted large technologies separately in its review, so their appearance in the report is “an indicator in itself.”
“In such conditions, it is important to monitor the debt burden of Big Tech companies. Although some of them do not publish financial statements, the Bank of Russia has already begun to receive missing data from a number of Big Tech companies and will continue to interact with companies to increase their transparency,” the Central Bank report says.
The Central Bank did not mention the companies included in this classification. The regulator classifies large technology companies as companies “formed on the basis of non-financial organizations, developing businesses using digital technologies, platforms and big data and creating an ecosystem of services for their customer base,” and the total assets of each company exceed 200 billion rubles.
The Bell came to the conclusion that the top five in terms of debt should include the largest markets – Wildberry and Ozon.
According to two publications on the e-commerce market, Wildberry’s total debt burden at the end of 2025 could reach 1.3 trillion rubles, and the debt separately to VTB could exceed 500 billion rubles. Last week, Wildberry announced a partnership with this bank.