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BUSINESS OF RUSSIAN FUNERAL SERVICES IS ON THE VERGE OF BANKRUPTCY

... union of funeral service workers, told the media about the prospects for the industry's bankruptcy. Agency revenues are shrinking and profits are falling. Costs (rent, taxes... ... employees of funeral services record such a decline not only during the period of the pandemic. Experts note that the downward trend in funeral expenses has been observed... ... that Russians have become less likely to attend such events and more often resort to cremation. This is cheaper than burial (40% on average). In large cities like St. Petersburg...

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