Russia is clearly still capable of progressing in modern physics research, however diminished it has become.Mathematical physics, Mathematics and Physics in Russian universities are completely drained. Very few top researchers produced after the fall of the USSR. Mathematical physics is again a weird field now a days . With string theory hitting roadblocks. Very few theories after 1970s have been verified. Its over to engineers and experimental physicists to prove those results.
Appears to combine trapped ion and photonics approaches, according to a .
Moreover, the latent talent is still there:
Russian students won five golds for physics in Tokyo—three golds and a silver in Zurich for chemistry.