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October 20, 2021 07:02 am

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In total, 57.8 thousand individual entrepreneurs have appeared since the beginning of the year.

Last month, more than 250 new individual entrepreneurs (IE) were registered in the capital per day, which exceeded the pre-pandemic level, said the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations. Vladimir Efimov.

“The Moscow economy continues to recover, which affects the growth of business. For nine months of 2021, 57.8 thousand individual entrepreneurs were registered, which is 2.8 percent more than in January-September 2019, and 45.4 percent more than in the same period in 2020. In September, more than 250 new individual entrepreneurs were registered in the capital every day, ”he said.

As of October 1, there were 350,700 active individual entrepreneurs in the capital. This is more than the indicator of the same period last year by 0.5 percent.

“The number of individual entrepreneurs is rapidly recovering, including those employed in the sectors most affected by the pandemic: catering, tourism, and consumer services for the population. If in May 2021, 5499 individual entrepreneurs were registered in Moscow, then in September – 7564, which is 37.6 percent more, “said the Minister of the Moscow Government, head Department of Economic Policy and City Development Kirill Purtov

The number of hired employees who work for individual entrepreneurs has increased by five percent since the beginning of the year. At the beginning of October, there were 126.6 thousand people here. The maximum inflow occurred at the beginning of summer and has not decreased since then.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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