Around 600 new business projects are being opened in Moscow each day, up by one-third compared with the level before the coronavirus pandemic.
"Before the pandemic, 400-450 new businesses were opened in the city each day, whereas now — 600," Aleksei Fursin, Head of Moscow’s Entrepreneurship and Innovative Development Department told TASS.
According to the data provided by the single register of small and mid-sized enterprises (SMEs) maintained by the Russian Federal Tax Service, as of August 10, 728,765 individual enterprises and companies were registered in Moscow, up from 681,368 SMEs as of August 10, 2020.
