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Russian Business Ceases to Believe in its Prospects
June 1, 2018 17:43


Russian business ceases to believe in its prospects.

A study conducted by Deloitte shows that business people have become less likely to believe in their own financial prospects. The studies were conducted in a survey format, which was attended by more than sixty CFOs of companies. At the same time, 60% of the respondents work in only Russian companies, and the rest - in the subsidiaries of foreign enterprises in the Russian market.

The conclusion of the study shows that the optimistic expectations of the financial directors have shifted to the neutral level more than pessimistic. Most respondents simply do not expect any global changes. While only 9 percent of respondents are negative.

As for the volume of business, the most pessimistic about its prospects are the companies of small and medium-sized businesses – the firms with a staff of up to 250 people. Among the main risk factors are a decrease in domestic demand, stagnation of the economy and an increase in the number of competitors.

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Author: Anna Dorozhkina

Tags: Russian business Legal Services in Russia    

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