The share of loss-making enterprises in Russia has fallen to a record level
2021-09-14 02:31

The share of loss-making enterprises in Russia has fallen to a record level

In the first half of 2021, the share of unprofitable Russian large and medium-sized enterprises fell to a record low level of 29%. According to the analytical service of the international audit and consulting network FinExpertiza, this is the lowest figure for the entire available period of statistics since 2004.

The list of regions with the highest proportion of unprofitable businesses is headed by the Chukotka Autonomous District. There the share of such enterprises is 56.4%. Next comes Astrakhan Oblast (49.5%), Jewish Autonomous Oblast (49.1%), Nenets Autonomous Okrug (48.9%), Kalmykia (47.2%), North Ossetia (46.8%), Magadan Oblast (45.7%), Transbaikal region (44.1%), Tver Oblast (43.9%), Sakhalin Oblast (43.6%).

Regions with the highest share of profitable businesses were Vologda Region (78.8%), Chechnya (78.6%), Belgorod Region (77.9%), Voronezh Region (77.8%), St. Petersburg (76.9%), Tatarstan (76.8%), Ingushetia (76.5%), Kirov Region (76.5%), Moscow Region (76.4%) and Chuvashia (75.1%).

Made in Russia / Made in Russia

Author: Maria Buzanakova