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

The Turnover of SMEs Fell by More than 50% in April
8.05.2020 10:52
The Turnover of SMEs Fell by More than 50% in April

In April, the turnover of Russian small and medium-sized enterprises fell by 54% compared with the same period last year, reports citing Evotor data.

      In Moscow, the turnover of the SME sector fell more than in other regions - by 79%. The company associates this with more stringent restrictions. The most affected are  fitness industries that lost 90% of last year’s revenue. Clothing stores lost 88% of the turnover, shoe stores - 87%. Revenue of beauty salons fell by 85%, dental turnover fell by 72%.  Due to restrictions introduced, small companies from almost all sectors of the economy suffered.


Author: Anna Dorozhkina

Tags: Russian business Russian economy coronavirus Moscow  

Next Previous

You might also find interesting:

Blockchain Development Costs in Russia will be Halved
Internet Trade in Moscow Grew 1.5 Times during the Crisis
The Russian Venture Capital Market Grew by Almost 50% in 2019
Moscow will Spend about 70 Billion Rubles on Measures to Support Business
Foreign Investments in Russian Assets Rose Sharply in 2019

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Kabardino-Balkaria  Peterhof  Hashtagization  Timur Novikov  Festivals in Moscow  St. Petersburg  Civic Platform  Russian business  Rock Music  Aura Shopping Center  Modern Art  Russian science  Russian Railways  Pal Zileri  Russian Orthodox Church  Russian Metro  Satka  Moscow Region  Moscow planetarium  Russian Photographers  Pharmsynthez  Moscow  LGBT in Russia  international cooperation  Stalker Film Festival  Mercedes-Benz Fashion Week   Picnic Afisha   US sanctions  Literary Festivals  Cars  Exhibitions in Moscow  open-air cinema  Andrei Panin  Soviet Literature  travel to Russia  Russian tourism  Russian social networks  Elbrus  Old Russia  archaeological expedition  Russian regions  Russian Cinema  Miss Tourism   Russian metallurgy companies  Pushkin Museum of Fine Arts  Birds  Mercedes-Benz Fashion Week Russia  Musical Festivals  Mussolini  Russian art 

Travel Blogs
Top Traveling Sites