SHS Web Conf.
Volume 135, 2022International Conference on Entrepreneurial Competencies in a Changing World (ECCW 2021)
|Number of page(s)||5|
|Section||Stabilization and Development of SMEs in Rural Areas|
|Published online||10 February 2022|
The Impact of the Coronavirus Pandemic on Small and Medium-sized Enterprises in Russian Federation
Institute of Economics, Ural Branch of the Russian Academy of Sciences, 29, Moskovskaya St., 620014, Ekaterinburg, Russia
* Corresponding author: firstname.lastname@example.org
The purpose of the article is to analyse the impact of COVID-19 on small and medium-sized businesses in the Russian Federation. Data from the research company “Evotor”, the unified register of small and medium-sized businesses, as well as data from the Central Bank of Russia were used as material for the study. Based on the results, it can be stated that the pandemic has affected the economy in different ways. A number of small and medium-sized businesses and their revenue decreased in 2021 compared to 2019. But at the same time, the sector of domestic tourism has grown over the period under review. The largest increase in the average revenue of hotels in 2021 compared to 2020 was observed in the Kaliningrad region, Krasnodar Krai and Moscow.
Key words: SMEs / COVID-19 / domestic tourism / Russian regions
© The Authors, published by EDP Sciences, 2022
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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