Business Representatives Praised Moscow Economic Climate

In December 2020, the Romir research holding conducted a survey among representatives of the expert community on the business climate and measures taken to support business in Moscow. The study involved 100 local experts, including representatives of the small and medium-sized business segment, experts in the field of economics, as well as representatives of federal government bodies.  

According to the results of the survey, the majority of respondents are involved in doing business and believe that all conditions have been created for this in Moscow. In particular, 60% of respondents have experience in starting a business, and 65% believe that it is quite easy to open a business in Moscow. Among the key trends in the Moscow economy over the past three years, respondents named the creation of an economy of intelligence, the ecology of business production, the sharing economy, and global competition for people.

As the most important business support measures were named deferred tax payments, deferrals and exemptions for renting city property, grants for commercial real estate owners, subsidies, soft loans, and grants for small and medium-sized businesses. In addition, the respondents named a high level of digitalization of services for business and the comprehensive development of territories of former industrial zones as the main achievements of the authorities in the outgoing year.

Ru-Main, 12.01.2021 

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