The Ministry of Energy estimated 70% share of unprofitable coal enterprises by the end of the year
The share of unprofitable companies in the coal sector will remain at 70% by the end of the year, the Ministry of Energy predicts. In 2022, the figure was 17%
The share of unprofitable enterprises in the coal sector by the end of 2026 will remain at the level of 70%, follows from the forecast of the Ministry of Energy at the Russian Energy Week. This is reported by TASS.
According to the agency, in 2022 the figure was 17%. In 2023, it grew to 31%, in 2024 - to 52%.
The loss of the sector before tax this year may amount to 324 billion rubles. against 420 billion rubles. in 2025.
Deputy Energy Minister Dmitry Islamov said that the payables of the coal industry reached 1.6-1.8 trillion rubles. “Yes, less than last year. For seven months - 178.2 billion rubles. Last year for these seven months - 225 [billion rubles], he said.
In 2024, the losses of the Russian coal industry amounted to 112.6 billion rubles, 51 enterprises stopped work or were on the verge of stopping, the Ministry of Energy reported. At the end of the same year, the federal authorities, on behalf of Deputy Prime Minister Alexander Novak, began developing support measures for it together with the extractive regions.
In May 2025, the government approved measures to support the coal industry, including installments for taxes, insurance contributions and fees until December 1, 2025, financial recovery programs, restructuring of debts of companies that experience a serious debt load. The measures were introduced in the summer of the same year. The government later extended the deferral of mining tax and insurance premiums until April 30, 2026.
In May of this year, the agency reported that 65 coal enterprises were already in the red zone. The Ministry of Energy estimated possible losses of coal enterprises at the end of the year at about 570 billion rubles.
In August, President Vladimir Putin said that “despite a difficult period,” Russia ranks second in the world in coal reserves, third in coal exports and sixth in coal production. The head of state noted that last year the volume of production remained at the level of 440 million tons, labor productivity is increasing - "over the past five years it has increased by 18%.".
