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Restaurant Business Turnover Fell by 30-90%
19.03.2020 19:49
Restaurant Business Turnover Fell by 30-90%

Due to coronavirus, restaurant business turnover fell by 30-90%. 

      The Federation of restaurateurs and hoteliers estimated a 30-90% drop in the Moscow restaurant business, Kommersant reports. In a letter to Prime Minister Mikhail Mishustin, the Federation requested support for the sector.

      At the same time, Yandex.Food reported a double increase in the number of applications for connection. The service plans to shorten the connection procedure so that restaurants can start working on delivery one business day after the provision of information.

      The Federation asked the government of the Russian Federation to introduce measures to support catering in the current situation. Among the measures proposed are vacations to pay for utility bills, interest-free loans with a deferred repayment of the main debt and refinancing of existing loans with the help of state guarantees.


Author: Anna Dorozhkina

Tags: Moscow restaurants Moscow    

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