(The Moscow Times)
One in ten firms is preparing to close, warns the Kremlin’s business envoy.
Businesses in Russia are still reeling from the effects of the pandemic, a new government survey has shown, with a significant chunk preparing to close their doors or start bankruptcy proceedings.
One in every ten small and medium-sized businesses are already preparing to shut down, according to a survey of around 5,000 of the enterprises conducted by Russia’s business ombudsman Boris Titov, cited by the RBC news site.
