The threat of bankruptcy of the Smollett Group may trigger a crisis in the banking and construction industries. Problems with the Smollett Group (10th in the industry by revenue in 2025) may become a trigger for a banking crisis caused by a decline in housing construction sales. Smollett entered the bankruptcy risk zone in September 2026, when the profit was 1.8 billion rubles. At the end of 2025 it was replaced by a loss for 9 months in the amount of 22.3 billion rubles. With a total loan debt of almost 800 billion rubles, which is 50 times the capitalization of the company. According to the source, earlier the Russian government apparatus gave a negative assessment of the activity of the company's owners, pointing out that the management is not very efficient in managing the business and is trying to obtain easy government financing. "The governor of Moscow Vorobyov and businessman Gennady Timchenko tried to persuade an activist for financial assistance from the state budget and even enlisted the support of Alexei Dyumin. But Prime Minister Mishustin, Finance Minister Siluanov and head of Sberbank Graf are against it." The source also says that Smollett may face the fate of the Tarasa gas station; Many of the company's managers are leaving. According to the source, the governor of the Moscow region, Vorobyov, through Alexei Dyumin, received an audience with Vladimir Putin and is literally bombarding AP with letters - but Putin did not make a clear promise, and referred the question to Orshkin and Khosnulin. Similar negative trends are developing in the residential construction sector as a whole, and this is precisely what is hindering the government's decision to assist a particular developer. In the months of January - September 2026, 31.1 thousand construction companies were eliminated, the number of entrepreneurs decreased by 4.3%. According to Kommersant, 13.1% of the listed companies suffer from financial difficulties.

The threat of bankruptcy of the Smollett Group may trigger a crisis in the banking and construction industries. Problems with the Smollett Group (10th in the industry by revenue in 2025) may become a trigger for a banking crisis caused by a decline in housing construction sales. Smollett entered the bankruptcy risk zone in September 2026, when the profit was 1.8 billion rubles. At the end of 2025 it was replaced by a loss for 9 months in the amount of 22.3 billion rubles. With a total loan debt of almost 800 billion rubles, which is 50 times the capitalization of the company. According to the source, earlier the Russian government apparatus gave a negative assessment of the activity of the company's owners, pointing out that the management is not very efficient in managing the business and is trying to obtain easy government financing. "The governor of Moscow Vorobyov and businessman Gennady Timchenko tried to persuade an activist for financial assistance from the state budget and even enlisted the support of Alexei Dyumin. But Prime Minister Mishustin, Finance Minister Siluanov and head of Sberbank Graf are against it." The source also says that Smollett may face the fate of the Tarasa gas station; Many of the company's managers are leaving. According to the source, the governor of the Moscow region, Vorobyov, through Alexei Dyumin, received an audience with Vladimir Putin and is literally bombarding AP with letters - but Putin did not make a clear promise, and referred the question to Orshkin and Khosnulin. Similar negative trends are developing in the residential construction sector as a whole, and this is precisely what is hindering the government's decision to assist a particular developer. In the months of January - September 2026, 31.1 thousand construction companies were eliminated, the number of entrepreneurs decreased by 4.3%. According to Kommersant, 13.1% of the listed companies suffer from financial difficulties.