Small and medium business in Russia they were not affected by sanctions

Moscow. December 18. The majority (64%) of companies in the Russian small and medium businesses (SMBS) have not noticed a direct effect of sanctions on the development of their business, but felt the decline of the ruble, follows from the materials Group.

According to the results of the study, which was conducted by the project “Post for business” by survey of 500 SMB-users of the service, it was found that 57% of SMB companies noted that as a result of sanctions has decreased the demand for their goods and services. 12% said that they had to find new suppliers in Russia instead of abroad, and 12% had to go into new markets.

Significantly greater impact on small and medium business had a decline in the ruble exchange rate. It covers 82% of the companies, including those whose business is not connected with the import of goods and services. Due to the fall of the ruble 29% of companies were forced to change contractors and 41% of suppliers. In addition, some companies (9% and 8% respectively) plan to do so in the near future.

In General, most SMB companies (56%) in the first half of this year turnover decreased. Another 17% of such companies were able to increase, while 27% will be preserved at the level of the same period last year.

Service “Mail for business” was launched in the summer of 2013. Group owns 100% of the Internet resource 100% of the instant messaging service ICQ. The company is also in full control of social network “Vkontakte”, “Classmates” and the online portal of Headhunter. Group owns minority stakes in 10-15 other Internet projects in Russia and Ukraine.

Revenue Group Ltd. in the third quarter of 2015 amounted to 9.5 billion rubles, which is by 13.1% more than the same period last year.