The work of more than 86% of companies in Russia is affected by imposed sanctions, such data are given in the results of “monitoring the current state of business”, represented by the apparatus of the Russian Presidential President for the Protection of Entrepreneurs Boris Titov.
”86.8% of the entrepreneurs surveyed are affected by the action of sanctions, 77.4% adapted or hope to do this, and 11.7% could not do this, and stop the business – fully or partially,” the report said.
According to information, the survey was attended by managers and owners of 6 thousand 3 companies from 85 regions of Russia. According to monitoring, the vast majority of respondents (67.1%) experience the results of an economic recession. Of these, 29.4% reported a decrease in revenue, while noting that the situation remains under control. Another 24.9% of entrepreneurs described their condition as a serious decline, and 7.1% as a crisis. Another 5.7% said they closed their business or intend to do it in the near future. And only 10.4% of respondents replied that their business is still stable and continues to grow. “The most significant problem is the decline in demand (62.2% of the answers), the deficit of working capital and cash gaps, the gap of supply chains and the complexity of import delivery,” said business representatives.
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In addition, more than half of the respondents consider the actions of the government insufficient in conditions of sanction pressure, about 35% characterize them as “calm and effective”.
At the same time, more than half of the entrepreneurs said that in the current situation, “it is necessary to abandon cosmetic changes and radically change the rules of the game – we need a new economic model where it will be convenient, profitable and safe to work.” The business, as assistance from the state, expects to reduce taxes and write off part of the accumulated tax debt. At the same time, entrepreneurs count on reducing the rate of insurance premiums to 15% from the entire wage base, on cheaper and affordable working loans and freezing tariffs of natural monopolies.