Kamaz Reports 43 Billion Ruble Loss

Aeroflot was the only airline to report an operating loss of 14.5 billion rubles. The operating loss has been reported at 14.5 billion rubles, according to Kommersant citing a report. GTELK, a company specializing in railway and aviation equipment, reported a record net loss of 10.5 billion rubles for the first three months of 2026. The company formed reserves for expected credit losses from leasing totaling 16 billion rubles during this period. This reserve amount exceeds the total reserves formed during the entire previous year. In 2025, these expenses were nearly 15 billion rubles on a year-on-year basis, according to reports from Frank Media. The company has continued operations despite the ongoing special military operation. The financial results were previously reported by leading Russian business publications in April. The source noted that the company has maintained its work with European partners despite current conditions. Security measures around Vladimir Putin have increased, with staff now using only Federal Security Service transport. Surveillance systems are being installed in the homes of cooks, security guards, and photographers. European intelligence reports suggest heightened anxiety in the Kremlin regarding potential assassination attempts or coups, including drone attacks from within the elite.