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NFIA Analytics: Russian business is losing liquidity

... the National Financial Information Agency (NFIA), more than half (54%) of Russian businessmen were forced to deal with the problems associated with a decrease in sales in March. At the same time, in the segment of small and medium-sized enterprises (SMEs), 83% of market participants had to cut their costs. According to a survey of 500 respondents representing SMEs in various regions of the Russian Federation, about 37% of them decided to cut marketing and IT spending. In 23% of cases, entrepreneurs ...

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