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29 June, Thursday

Ufa   °

Share of unprofitable industrial enterprises makes 21,4 % in Ufa

Business

The share of unprofitable industrial productions makes 21,4 % in Ufa. As a whole over the city a share of unprofitable enterprises is 18,4 %. The deputy head of city administration Albina Yusupova informed about it at the meeting in Ufa on Wednesday.

“Monthly monitoring of financial and economic activity of unprofitable enterprises shows that principal causes of unprofitability still is insufficient volume of manufacture and products sale, outrunning prices growth for raw materials and power resources, instability of market conditions,” Albina Yusupova said.

The deputy mayor marked that the majority of unprofitable enterprises make tax deductions and payment of salary in due time.

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