Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Book Sales in Russia Go down by 10-15 Percent Every Year
10.09.2011 19:51
Book Sales in Russia Go down by 10-15 Percent Every Year

Sales of books in Russia decrease every year by 10-15 percent. According to forecasts of publishers, in 2011 Russians will spend on them about 2 billion dollars, though just 3 years back the amount was almost one and a half time more. The fast growing demand for electronic books doesn't rescue the situation. Experts predict mass closing of bookshops.
       Thus, for example, the largest Russian bookstore chain system “Top Kniga” found itself on the verge of bankruptcy during the crisis. In August this year it announced closing some its shops, so that only 350 of the presently open 420 stores (while in the beginning of 2011 there were more than 530 working shops) would remain.

Author: Vera Ivanova

Tags: Russian business Russian books    

Next Previous

You might also find interesting:

Russian Shrinkflation
Non-cash Tips in Moscow
The Moscow Mayors Office Decided to Slow Down the Growth of the Property Tax Rate
Russian Online Retail Market is Growing
The Index of Business Activity of Russian SMEs Dropped Down

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
riots  Moscow Metro  Russian gas  Russian business  EU sanctions  Tourism Tax  St. Petersburg  Russian designers  Empire Style  Satellites  Alexander Sergeev  Rusnano  Cossack village  Moscow Architecture  Russian tourism  Vladimir Zworykin  Russian Monuments  domestic violence  Russian social networks  Oil Extraction  Russian theatre  Ladoga   Exhibitions in Moscow  Golden Ring  Russian Cinema  culture  Mineralnye Vody  Russian football team  projects  Festivals in Moscow  tours to Russia  Film Festivals  InterMuseum 2016 Festival  University Games  Moscow  Film Festival "Message to Man"  Jerry Lee Lewis  Wim Delvoye  Dark Wave  travel to Russia  Concerts in St. Petersburg  Moscow events  Sberbank  Tragedy  Hermitage  Mercedes-Benz Fashion Week Russia  Arcady Plastov  Russian regions  Russian music  Moscow Kremlin  

Travel Blogs
Top Traveling Sites