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Khabarovsk Territory "sags" in small business and investment - EastRussia | Far East

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Khabarovsk Territory "sags" in small business and investment

Khabarovsk Territory "sags" in small business and investment
Photo: pixabay.com

Economic activity in almost all regions of the Far Eastern Federal District continues to decline - in the constituent entities of the okrug, the number of small and micro enterprises is “leaving”. The most alarming situation in the Khabarovsk Territory.

So, according to Khabarovskstat, over the year, the region “left” more than 1 700 small and micro enterprises. A year ago 27 655 enterprises of this sphere were registered in the region, now - 25 914. Business in the region leaves industries such as healthcare, agriculture and forestry, manufacturing, gas and steam supply, wholesale and retail trade, transportation and storage, the provision of social services, hotels and catering, information and communications, financial and insurance activities, real estate operations, as well as professional, scientific and technical activities.

The decrease affected investment in fixed assets in a number of industries of the region. In the current first half of the year, in relation to the previous one, investments decreased in such areas as manufacturing, hotels and catering, information and communications, financial and insurance activities, public administration, and education. The largest decline was recorded in healthcare and social services - 63%, and in construction - 52%.

The decrease in the number of small businesses and investments affects the overall reduction in staff in the region. According to Khabarovskstat, since the beginning of this year, the decrease amounted to more than six thousand workers.