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Russian Restaurateurs will Close from 20 to 50% of Establishments Due to the Crisis
27.04.2020 17:42
Russian Restaurateurs will Close from 20 to 50% of Establishments Due to the Crisis
(Source: http://mbgazeta.ru)

Russian restaurateurs plan to close part of their establishments to save businesses during the  crisis. On average, market representatives plan to close from 20 to 50% of points.

      So, Oleg Podgorny, the general director of the company Shokoladnitsa,  also running the Coffee House and Wabi Sabi establishments, says that up to 50% of  restaurants and cafes can be closed. Mikhail Goncharov, the founder of the Teremok network, said that he could close up to 30% of points because landlords refuse to make concessions. Tigrus Holding, which includes Osteria Mario, BarBQ cafe and Shvili, says about the possible closure of up to 20% of establishments. Maxim Popov, the founder of the Streat street food market, says that about 20% of project tenants will not survive the crisis.

      According to Oleg Podgorny, now some representatives of the industry manage to maintain part of the turnover thanks to the system of take-away and delivery orders. Nevertheless, the situation in the industry may worsen if the state does not resolve the issue of tax holidays and affordable financing  - this scenario Podgorny calls the most negative one for the industry.




Author: Anna Dorozhkina

Tags: Moscow restaurants Russian business coronavirus Moscow  

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