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72%

of managers at large and medium-sized Russian industrial companies report that the financial and economic situation of their enterprises was ‘satisfactory’.

5% of respondents assessed the current situation as ‘favourable’, and only 23% said the status was ‘unsatisfactory’.

This distribution of responses may indicate that top managers at enterprises have gradually grown accustomed to working in the stagnant-recessionary mode that has affected the industry since mid-2013 and that they are in no hurry to change their management model towards intensified production.

These data are presented in a new Monitoring the Business Climate at Industrial Enterprises study that was conducted in July 2015 by the Centre for Business Tendency Studies at the HSE Institute for Statistical Studies and Economics of Knowledge (ISSEK).

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45%

of executives at industrial companies noted in February that uncertainty in Russia’s economic situation is preventing the development of their businesses.

72%

of Russian managers at small industrial companies note that one of the main factors limiting production is the uncertainty surrounding the current economic situation.