BOFIT Viikkokatsaus / BOFIT Weekly Review 2015/40
The rise in profits early this year has supported investment in oil production, while investment in other branches has gone down from 2014. The special profit situation has meant companies have been able to pay down their foreign debt without relying very much on new borrowing from domestic banks. In addition to paying off their debts abroad, the corporate sector this year has also continued to ship capital abroad e.g. in the form of direct investment.
Corporate profits in Russia
Source: Finance ministry.