Page 64 - RusRPTAug22
P. 64
In the Belgorod region, only 454 new ones began to work for 1.3 thousand closed businesses. The same threefold difference was recorded in Ingushetia (139 open companies against 461 closed ones), Mari El (122 against 371), Komi (137 against 396), North Ossetia (181 against 487), Khanty-Mansi Autonomous Okrug (291 against 767).
Only in 13 regions did enterprises open more often than they closed. And in most cases, this is due to the statistical effect of a low base, notes FinExpertiza. Two thirds of the companies (78 thousand) were closed by the decision of the tax authorities, 14.5% (16.5 thousand) were liquidated by the owners. 2.5 thousand went bankrupt.
50% of Russia's enterprises appear to have found new suppliers (end June), up from 1/3 in April. Only 3% say replacement of Western supplies is impossible. Industries most exposed include pharma, chemicals, machine building, metals and mining, and processing.
Russian companies that do not rely on imports (light green) Russian companies that are struggling to find alternative suppliers (orange)
Russian companies that find it impossible to get substitutes (red)
64 RUSSIA Country Report October 2020 www.intellinews.com