International Practical Conference «Russian Financial Market» International Practical Conference «Russian Financial Market»
SMALL AND MEDIUM BUSINESS AS THE BASE OF THE STABLE CIVIL SOCIETY
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06/11/2007

Number of small businesses in Moscow, to date more than 200 thousand

number of small businesses in Moscow, to date more than 200 thousand. The statement was made first deputy head of the department that support the development of small business in Moscow, Alexander Karpov, speaking at the conference "The Russian financial market, 2007. Small and medium-sized businesses, as the basis for a stable civil society."

total gross revenues of these enterprises in 2006 amounted to 4.5 trillion rubles. This amounts to 20-22 percent. total gross proceeds of Moscow. 55 percent. the entire base of small businesses related to retail businesses, said Alexander Karpov. According to him, in recent times there has been strong growth in revenue from the enterprises engaged in scientific and technological developments.

According to A. Karpov, projected earnings growth of small business in Moscow in 2006, the order of 27-33 percent.

It is projected that by 2015 Moscow would actively develop economic sector associated with the work in the field of HCS. During this period, this sector will be one of the most attractive sites for small businesses, says Alexander Karpov. Moscow's budget for 2008 assumes an increase of 4 times the cost of major repairs.

During 9 months of this year, the total number of consultations issued by the Department that support the development of small business in Moscow, was about 500 thousand Department handled about 1.5 thousand of applications for funding, of which 1 thousand was granted. The Department is in constant interaction with the 33 thousand small businesses.

Source: EIA "PRIME-TASS"

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