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

Half of SMEs in Russia Suspended their Work
5.05.2020 12:54
Half of SMEs in Russia Suspended their Work
(Source: http://mbgazeta.ru/news)


      
56% of  the small and medium-sized enterprises (SMEs)  suspended their work due to restrictive measures taken to combat a new type of coronavirus, Vedomosti reports citing monitoring data of business ombudsman Boris Titov. Representatives of 2.35 thousand sector companies took part in the survey - it turned out that almost half of them cannot apply for the majority of benefits, since they do not belong to the affected sectors.

      36% of respondents said that they could not qualify for help because of too stringent conditions. According to the Ministry of Economic Development and Trade, only half of those employed in small and medium-sized businesses will be able to receive a salary subsidy. Taking into account  the microenterprises, payments will go only to one fifth of the employees. Of the companies that continue to work, 63% reported a double drop in demand. For 29% of entrepreneurs, demand fell by more than 90%.

      



Author: Anna Dorozhkina

Tags: Russian economy Russian business coronavirus   

Next Previous


You might also find interesting:

The Number of Unqualified Investors has Risen Sharply in Russia
29.08.2020
4.5 Million Entrepreneurs Went Bankrupt during the Pandemic in Russia
16.12.2020
TikTok Small Business Advertising Platform will be Available in Russia
25.07.2020
60% of Russian Entrepreneurs can no Longer Cope with Rental Payments
29.04.2020
Russia will Introduce Tax Holidays for a Number of Industries
20.03.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Life Saving  Mercedes-Benz Fashion Week Russia  Krasnodar region  Moscow cinema  Primorsky Territory  Yul Brynner  Pattie Boyd  traffic rules  Republic of Bashkortostan  airport transfer in Russia  Dziga Vertov  Emporio Armani Caffe  Mammoths  St. Petersburg Museums  Hulk  Stay Home Online Events  Vladimir Shinkarev  Strategy 31  Ski resorts  Russian Cinema  Great People of Russia  Russian entertainment  Russian banks  Russian women  Painting  Zarubezhneft   Moscow  Astrakhan  St. Petersburg  Biological Museum  Exhibitions in Moscow  Russian sportsmen  Russian Orthodox Church  medicine  Charlie Chaplin  Russian tourism  Jews  travel to Russia  meteorite   crash  Rosneft  Flowers  Zenit St. Petersburg  Festivals in Moscow  Photo Exhibitions  Acron  Russian regions  Russian business  Museums of Russia  Russian actors 


Travel Blogs
Top Traveling Sites