Russian-American Business magazine - http://russianamericanbusiness.org/web_CURRENT
80 percent of small business in trade
http://russianamericanbusiness.org/web_CURRENT/articles/469/1/80-percent-of-small-business-in-trade
R-A Business staff
 
By R-A Business staff
Published on 07/5/2009
 
At least 80 percent of small businesses in Russia are engaged in trade. The government of the country has begun a campaign to increase and promote small-scale businesses oriented toward industrial production.

Incentives to be offered for industrial production

At least 80 percent of small businesses in Russia are engaged in trade. The government of the country has begun a campaign to increase and promote small-scale businesses oriented toward industrial production. The Ministry of Industry and Power has come forward with a proposal that the government should extend subsidies to such enterprises in the form of waiving 50 percent of certification expenditures when a small business applies under the ISO-9000 standard. The Ministry of Trade and Economy in its turn suggests that the government should invest in infrastructure development, the creation of special economic zones and business incubators.