Nearly one half of Russian companies faced interruptions in the work of their contractors during the COVID-19 pandemic, which was the most critical problem named during a survey in April 2020. Furthermore, nearly 43 percent of surveyed businesses reported a sharp decrease in demand to be one of their major issues during the crisis.
Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020
Characteristic
Share of respondents
Interruptions in activity of contractors, evading commitments from their side
49.3%
Sharp decline in demand
42.8%
Decline in availability of raw products, components
37.9%
Irregular cash flow
33.2%
No employees at the workplace
32%
Other
21.6%
Lack of necessary documentation to execute operations
Representatives of companies from all federal districts
Method of interview
Online survey
Supplementary notes
The survey was conducted on the online platform QualtricsXM. In total, 767 observations were selected for the analysis.
Respondents could choose several answers.
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Russian Union of Industrialists and Entrepreneurs. (May 25, 2020). Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/
Russian Union of Industrialists and Entrepreneurs. "Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020." Chart. May 25, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/
Russian Union of Industrialists and Entrepreneurs. (2020). Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/
Russian Union of Industrialists and Entrepreneurs. "Opinion Poll on Most Critical Issues That Companies Faced Due to The Covid-19 Pandemic in Russia in 2020." Statista, Statista Inc., 25 May 2020, https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/
Russian Union of Industrialists and Entrepreneurs, Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020 Statista, https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/ (last visited December 30, 2024)
Opinion poll on most critical issues that companies faced due to the COVID-19 pandemic in Russia in 2020 [Graph], Russian Union of Industrialists and Entrepreneurs, May 25, 2020. [Online]. Available: https://www.statista.com/statistics/1125554/main-problems-of-companies-due-to-covid-19-russia/