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Small Business Closures Rise Across Russia - The Moscow Times
Russia’s small and medium-sized businesses (SMBs) are shutting down at an accelerating pace as higher taxes, weak consumer demand and Russia’s first economic contraction since 2023 squeeze companies already struggling with high borrowing costs and slowing spending.
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theins.press
Taxes, costly credit, and labor shortages: Why private businesses in Russia are shutting down en masse
In the fifth year of the war, Russian businesses unrelated to the military-industrial complex have shifted their focus from growth to survival. They are being…
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themoscowtimes.com
Small Business Closures Rise Across Russia - The Moscow Times
Russia’s small and medium-sized businesses (SMBs) are shutting down at an accelerating pace as higher taxes, weak consumer demand and Russia’s first economic contraction since…