Support The Moscow Times!

State Firms Instructed to Buy More From Small Businesses

Small- and medium-sized businesses will receive more support as state-owned companies are encouraged to purchase their goods and services. Maxim Stulov

Prime Minister Dmitry Medvedev has ordered representatives of the government sitting on the boards of state-owned companies to push for those firms to purchase more goods and services from small- and medium-sized businesses, the government's press service reported Tuesday.

The prime minister also approved directives aimed at increasing orders of innovative products and research and development projects from small- and medium-sized companies by firms in which the state owns stock.

The initiative is part of a "road map" drafted by the government to improve the access of small private firms to the procurement programs of state-run companies.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.