OREANDA-NEWSAlmost 40% of businesses in Russia left the market after the spring restrictions imposed during the self-isolation. This is reported by the NAFI analytical center.

"40% of representatives of small and medium-sized businesses have made a radical decision not to do business anymore, a third of suppliers are missing, three quarters — the revenue," according to Forbes magazine. It is noted that the remaining entrepreneurs in the market plan to recover from the pandemic damage not earlier than in a year.

Earlier Russian President Vladimir Putin spoke about new measures to support business. In particular, the rate of insurance premiums for IT-companies was reduced indefinitely to 7.6%, and the income tax to 3%.

Later, it was reported that about three million entrepreneurs in Russia may stop their activities due to the coronavirus epidemic, if the crisis turns out to be protracted, the Chamber of Commerce and Industry of the Russian Federation (CCI) estimated. Many companies, even among large ones, according to experts, will be able to last no longer than two months in the current conditions. Some will go bankrupt hoping to reopen, but not all will return to the market.