Peskov's daughter's business has suffered record losses and closures

Centrum Moscow, a company in which the daughter of the Kremlin spokesperson holds a stake, reported the largest losses in its history for the year 2025.

This was reported by the channel “We Can Explain.”

According to financial statements, the company ended the year with a loss of 407.8 million rubles, whereas a year earlier it had reported a profit of 4.3 million rubles.

At the same time, the company’s revenue fell by approximately 100 million rubles, while expenses rose significantly—by another 200 million rubles.

Centrum Moscow was involved in organizing large-scale events—forums, exhibitions, and festivals—and its clients previously included Russian government agencies.

According to available information, this was the last remaining business of the Kremlin spokesperson’s daughter in Russia—her other ventures in tourism, advertising, and clothing manufacturing had previously been liquidated.

As of now, the company’s website is down, which may indicate that operations have effectively ceased.

Russia is seeing a worsening economic situation and rising risks of loan defaults.

After three years of unexpected economic growth, Russia is facing a sudden slowdown—war expenses, inflation, and falling oil prices have begun to weigh on an economy that until recently seemed resilient to sanctions.