24 September 201509:11
1 in 3 companies in Russia’s construction sector is loss-making
UrBC, Yekaterinburg, September 24, 2015. Rosstat reports 30.8% of companies in the Russian construction industry turned out to be incurring losses between January and July 2015; this exceeds the figures for a year earlier by 2.2%. The share of loss-making businesses is also rising in the communications sector (up from 29.8% to 34%), communal housing services sector (up from 38.4% to 40.5%), and transportation sector (up from 39.7% to 41%). However, the overall share of non-profit-making companies went down by 0.7% compared with last year and amounted to 31.2% of all Russian businesses. The