MINSK, 4 September (BelTA) – The share of organizations requiring financial recovery is decreasing in Belarus, Director of the Rehabilitation and Bankruptcy Department of the Belarusian Economy Ministry Yuri Tarakanov said, commenting on the results of an analysis of the bankruptcy risk among state-owned organizations, the press service of the Economy Ministry told BelTA.
Yuri Tarakanov emphasized that the work on applying insolvency resolution mechanisms is well-established and systematic. In H1 2025, the share of organizations requiring bankruptcy prevention measures fell by 1.3% compared to January-June 2024.
The situation improved significantly in Vitebsk Oblast, with an 8.2% reduction, including 9.8% among utility organizations, and in Gomel Oblast, which saw a 3.4% improvement, including a 4.1% drop for utility enterprises. The maximum decrease for national organizations was recorded in Brest Oblast (6.4%).
“The share of enterprises requiring financial recovery declined in agriculture (by 4%), transport (by 1.8%), and construction (by 1.7%) due to effective monitoring and preventive measures. A decrease was also recorded in industry and trade,” Yuri Tarakanov concluded.
Yuri Tarakanov emphasized that the work on applying insolvency resolution mechanisms is well-established and systematic. In H1 2025, the share of organizations requiring bankruptcy prevention measures fell by 1.3% compared to January-June 2024.
The situation improved significantly in Vitebsk Oblast, with an 8.2% reduction, including 9.8% among utility organizations, and in Gomel Oblast, which saw a 3.4% improvement, including a 4.1% drop for utility enterprises. The maximum decrease for national organizations was recorded in Brest Oblast (6.4%).
“The share of enterprises requiring financial recovery declined in agriculture (by 4%), transport (by 1.8%), and construction (by 1.7%) due to effective monitoring and preventive measures. A decrease was also recorded in industry and trade,” Yuri Tarakanov concluded.
Follow us on:
