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

More than 600 Thousand Russian Enterprises Went out of Business in 2018
16.06.2019 09:56
More than 600 Thousand Russian Enterprises Went out of Business in 2018
(Source: https://newvz.ru/wp-content/uploads/2019/06/closed-1024x683.jpg)

More than 600 thousand Russian enterprises went out of business in 2018, as RBC reports with a reference to the data of the “FinExpertiza” audit and consulting network.

      The number of closed companies exceeded the number of those that were opened 2.14 times. More than 290 thousand enterprises opened in Russia over the year; Crimea became the leader in the number of new companies - more than 1.7 thousand enterprises opened there.

      At the same time, the number of enterprises that closed in the republic exceeded 1.6 thousand.

      The leading region in terms of the number of closed companies was Kaliningrad Oblast, where only 1.5 thousand companies opened and 6.8 thousand closed. In 80 regions of Russia, the number of closed enterprises exceeded the number of new ones. According to Vladislav Korochkin, the First Vice-president of “Opora Rossii” (“Support of Russia “), the tendency to net business closures is due to a number of reasons, including the “lack of improvement in the business climate against the background of a decline in consumer purchasing power and problems with tax administration and taxes in general”.

      Elena Trubnikova, the Chairman of the Board of Directors of FinExpertiza, believes that the main difficulties for enterprises are high loan rates, lack of business skills, staff shortage and difficult access to sales markets. Besides, entrepreneurs often do not possess information about the support measures that are offered in their region, she notes.

      Read More Articles about Russian Economy and Business




Author: Anna Dorozhkina

Tags: Russian business Russian companies Russian economy Russian startups  

Next Previous


You might also find interesting:

The Level of Competition in Russia Increased for the First Time during Four Years
23.04.2019
10 Startups have Become Finalists of the MTS Corporate Accelerator
16.08.2019
Russia Ranked Third in the List of Countries with the Strictest Trade Regulation Rules
23.04.2019
The Share of Unprofitable Organizations Increased in Russia
22.04.2019
The Online Grocery Delivery Market Grew by 50% in Russia
05.03.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Festivals in Moscow  Russian National Parks  alcohol  Russian politics  Russian tourism  Film Distribution  flyover  economic crisis  Resorts  Sightseeing in St. Petersburg  Mercedes-Benz Fashion Week Russia  Yury Shevchyuk  Regions  Moscow Museums  Altai  Russian religion  Dagestan  Rada & Ternovnik  St. Petersburg  Primorsky Territory  Moscow  travel to Russia  Russian car market  Russian customs  Exhibitions in Moscow  Soviet Writers  Russian theatre  drug addiction  JAZZ style August  Russian regions  Kaluga Region  Karachay-Cherkessia  tourism  Russian business  Vladivostok  Modern Art Center MARS  Gorky Park  Russian Cinema  business  accommodation in Moscow  Russian opera singers  Vladimir Spivakov  Novosibirsk Region  Emir Kusturica  Russian writers  Bashkiria  bike rental  Clint Eastwood  We demand peace  Kinotavr Film Festival 


Travel Blogs
Top Traveling Sites