×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Food Service Sector at $25Bln

Turnover at restaurants, cafes and bars increased 5.6 percent year on year to 812.3 billion rubles ($25 billion) in the January-October period, the State Statistics Service said Friday, Interfax reported.

Turnover at eating and drinking establishments amounted to 93.7 billion rubles in October alone, up 6.7 percent year on year. The highest growth rate this year was 7.3 percent in February.

The sole publicly held Russian company in this sector, Rosinter Restaurants Holding, is no longer providing monthly sales revenue dynamics. For the January-September period, Rosinter sales revenues increased 3.4 percent year on year to 7.5 billion rubles, while the market grew 5.5 percent, the statistics service said. Among Rosinter's restaurant chains are Il Patio, Planet Sushi and T.G.I. Friday's.

(MT)

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more