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

Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable
23.04.2019 07:06
Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable

Running small businesses in Moscow and St. Petersburg is becoming less profitable: business payback periods are growing; investment attractiveness and profitability are decreasing. Corresponding conclusions were made by the authors of the study titled “Tachometer of Small and Medium Businesses. Version 4.0. The Results of the Year 2018” performed by the “2B Dialogue” consulting company: 1.6 thousand entrepreneurs have been interviewed.

      In 2017, for receiving one rouble of revenue, an investor had to invest from 0.2 to 2.4 roubles. In 2018, this amount rose to 0.2-3.2 roubles. The investment attractiveness of pharmacies has dropped the most: in 2017, for receiving one rouble of revenue, it was necessary to invest 0.4 roubles, in 2018 the amount rose to 1.7 roubles. This sphere is followed by car services (0.6 roubles in 2017 against 3.2 roubles in 2018) and hostels (0.7 against 1.8). Relative stability is shown by grocery stores (the amount has remained within the range of 0.2-0.4 roubles since 2013).

      Read More Articles about Russian Economy and Business


Author: Anna Dorozhkina

Tags: Russian business Russian economy    

Next Previous

You might also find interesting:

The Skolkovo Foundation Plans to Launch a Program for Start-ups
The Russian Ivi Online Cinema has Become Available in the USA, Canada and the UK
The Number of Catering Establishments Continued to Grow in 2018
Large Foreign Companies Showed the Worst Results in Entering and Leaving the Russian Market in 2018
Russia has Made up a Schedule for Reducing Oil Production by Months

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Tyva  Russian education  Ivanovo  Olonets  Icarus Animation Award  Russian business  Festivals in Moscow  Theatre Costumes  Russians  Nikolai Drozdov  Sistema  Naftogaz  Kabardino-Balkaria  Russian regions  Russian Cinema  Russia-EU  Innokentiy Smoktunovsky  Pskov Region  Mercedes-Benz Fashion Week Russia  Omsk  Russian tourism  Design  Russian Traditions  Elbrus  Maria Chambers-Bilibina  Kuskovo  Russian legislation  Auctions  Exhibitions in Moscow  Cars  Shows in Moscow   Photography  VTB  CSKA  Russian roads  Festivals  Russian television  Lyudmila Lyadova  Russian photography  travel to Russia  Life Saving  Pavel Bazhov  Russian hockey  Russian oil companies  Treasures  St. Petersburg  Operetta Park Festival  Moscow Zoo  Moscow  Sochi 

Travel Blogs
Top Traveling Sites