The Russian Federal State Statistics Service published the first-ever official information on the share of small and medium-sized businesses (SMEs) in the Russian economy: in 2017 it amounted to 21,9% of gross domestic product (GDP) or 20 trillion RUB (300 billion USD). Before such studies were carried out by the Non-Profit Partnership Association of Entrepreneurial Organizations “OPORA” (“BUTTRESS”) uniting over 100 business and industry association in Russia.

Information on Russian SMEs can be obtained from the Unified Register of small and medium-sized businesses. The Register was launched in 2016 and is maintained by the Federal Tax Service – the official body registering Russian companies and sole entrepreneurs and is based on data from:

  • Unified State Register of Legal Entities (EGRUL);
  • Unified State Register of Individual Entrepreneurs (EGRIP);
  • data presented in accordance with the tax legislation of the Russian Federation on the average employment and income;
  • data contained in documents related to the application of special tax regimes;
  • data provided by legal entities and sole entrepreneurs themselves.

Over 6 million SMEs, employing over 15 million people, are registered in the Register as of February 10, 2019.

Comprehensive and reliable data on Russian SMEs are also available in the Information and Analytical system Globas offered by the local Russian business credit information provider Credinform

Users can search potential buyers & suppliers from the SME-sector, access financials, check solvency and credit limit, gain insight into a company’s ownership structure and business linkages, historical data on CEOs/shareholders, perform litigation check and access data on public procurements.

Professional and experienced staff of Credinform is always ready to assist by identifying the company of interest and provide investigated company credit reports.

Source:  Credinform Russia