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60% of Russian Entrepreneurs can no Longer Cope with Rental Payments
28.04.2020 13:12
60% of Russian Entrepreneurs can no Longer Cope with Rental Payments

60% of Russian entrepreneurs can no longer cope with rental payments, according to Vedomosti, citing a study by the NAFI analytical center. Affected entrepreneurs are negotiating with landlords to review rental conditions.

      However, only 13% of entrepreneurs were able to agree with landlords. 44% are currently in the negotiation process. NAFI noted that changing or terminating a lease is difficult for business, largely due to the lack of legal grounds for using the clause on force majeure. It is noted that about a third of the companies surveyed expect difficulties in paying rent in the near future.


Author: Anna Dorozhkina

Tags: Russian business     

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