Russian NWF funds will be used to save foreign companies


Despite the fact that Russia has not yet reached a plateau due to coronavirus disease, President Putin decided to gradually withdraw the country from the regime of so-called “self-isolation”. Decision forced: a month and a half of "quarantine" inflicted the economy colossal damage, the scale of which has yet to be clarified. The continuation of the heroic sitting at home threatens a complete collapse of the entire social and economic sphere.


In fact, we fell into the abyss and it is not clear whether we are already at the bottom, or are still flying. But now it’s clear that “not only everything” will be selected from it.

Now the main question is how and what the NWF reserves will be spent on, which, according to previous statements by the authorities, should be enough for six years. There are vague doubts about the latter, despite the fact that about 11 trillion rubles are stored in the piggy bank.

Small business


Even visually it is clear that things are going badly in this sector of the economy. On the streets of cities above the entrance to many shops, hairdressers, canteens, sports clubs and travel agencies that are closed due to a pandemic, the signs “Rent” and “Sale” now hang. With this, everything is simple: no one has canceled the rent, wages and taxes must be paid, but there are no customers. Someone immediately closed, realizing that they could not make ends meet, others were trying to hold out, transferring employees to unpaid leave. According to the regional chambers of commerce and industry, about 58% of small businesses were unable to receive the “coronavirus” benefits promised by President Putin.

With all this, consumer demand is falling: the Russians are “resting” without work and without money, since not everyone was lucky to work in the public sector. Many are forced to work in “gray” and “black”, therefore they cannot count on any compensation. By the way, we note the government’s “care” about its citizens: from July 1, the tax authorities will put their hands on money transfers by bank cards, apparently in order to finally “finish off” small business and the population in rubles.

Big business


Against this background, the list of enterprises that will receive state support looks extremely cynical. Only after the intervention of the General Prosecutor’s Office was the bookmaker Fonbet removed from it. But excuse me, but how did she get there at all? However, guessing is not so difficult. We go further. Let us ask ourselves how appropriate it is to be in this list of franchises of American companies McDonald's and Burger King? Yes, they work in Russia, but the owners who claim to preserve their restaurant business at the expense of the domestic NWF are located in the USA. Speaking on this topic, you can go very far.

For example, Rusal is counting on state support. It seems to be all right, this is a major taxpayer and employer, but let's recall that recently the West has seized control of this company as a result of a "raider seizure" with the support of the US Treasury. Now the giant of non-ferrous metallurgy is managed by the British Lord Barkley, and in the USA, a new aluminum plant is being built with the corporation's profitable money.

Back to the list. One of the first in it is AvtoVAZ JSC. The main shareholder of the car company is Alliance Rostec Auto BV, registered in the Netherlands. 75% of it belongs to Renault, 25% to Rostec. Next to the list of companies applying for state support are Volkswagen Group Rus LLC, Hyundai Motor Manufacturing Rus LLC, Nissan Manufecuring Rus LLC, Toyota Motor LLC, PSMA RUS LLC, Renault Russia CJSC and etc. Whatever you shove, these are foreign companies operating in Russia, or companies with foreign participation. And this suggests the following thought.

RBC Agency was rating 500 largest revenue companies operating in our country. It will be useful for all curious people to see to what extent foreign capital controls the leading companies in the domestic economy. It turns out that after the coronavirus pandemic, the already modest share of small businesses will decrease even more, while large ones with state support will grow.
Used photos: http://en.kremlin.ru/
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  1. 123 Offline
    123 (123) 12 May 2020 12: 52
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    With all this, consumer demand is falling: the Russians are “resting” without work and without money, because not everyone is lucky to work in the public sector. Many are forced to work in “gray” and “black”, therefore they cannot count on any compensation.

    If people get paid in envelopes, how do you order compensation? Honestly? Or just throw money from helicopters? In the United States, which constantly set an example, they say that they distributed 1 bucks indiscriminately to everyone, the real amount is actually calculated based on the tax declaration for the past year. Of course, people will have a hard time, but I don’t see a real mechanism for a “fair” distribution of aid. From the point of view of the “state machine,” this sector does not exist; it does not fall into its field of activity.

    By the way, we note the government’s “care” about its citizens: from July 1, the tax authorities will put their hands on money transfers by bank cards, apparently in order to finally “finish off” small business and the population in rubles.

    He will finish off someone, someone will work "in white". Paradoxically, as a result, the share of small business will grow. Sure, many will close, but some of the "survivors" will switch to the white scheme. Since working “black” in the statistics did not fall, growth will be necessary. How many small and medium-sized businesses operate according to the gray and black scheme is not known to anyone for certain; I came across estimates of 25% or more.

    Let us ask ourselves how appropriate it is to be in this list of franchises of American companies McDonald's and Burger King? Yes, they work in Russia, but the owners who claim to preserve their restaurant business at the expense of the domestic NWF are in the United States. Speaking on this topic, you can go very far.

    That's for sure, you can go far yes But is it worth it? They help to keep the business, these are taxes, jobs, contribution to GDP. Why in this situation a homegrown bourgeois is better than an imported one, I personally do not understand.
    1. Marzhecki Offline
      Marzhecki (Sergei) 12 May 2020 13: 39
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      Quote: 123
      He will finish off someone, someone will work "in white". Paradoxically, as a result, the share of small business will grow. Sure, many will close, but some of the "survivors" will switch to the white scheme. Since working “black” in the statistics did not fall, growth will be necessary.

      No "paradox", everything is natural. It’s just that this business will close and that’s it. Or cut the salaries of their employees, for which they will say many thanks to the tax.
      1. 123 Offline
        123 (123) 12 May 2020 14: 03
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        No "paradox", everything is natural. It’s just that this business will close and that’s it.

        Someone will close, but the majority will remain, many evade taxes not because of a lack of profitability, but rather from greed or out of habit. As they began in the 90s, they continue as long as possible. Soon there will be practically no conditions for this. During the quarantine period, financial flows could be perfectly tracked. A month in “silence mode” is a great opportunity to see who is transferring where and how much. All payments in the near future will be transferred to the non-cash sector. In the "black and gray" work will be very uncomfortable.

        Or cut the salaries of their employees, for which they will say many thanks to the tax.

        Very strange position. belay Bourgeois cuts salaries, but the tax is to blame? Why isn’t Putin right away? Maybe they themselves cut the back on the rags to the employer or in the window of the enterprise a bottle of Molotov cocktail will be sent as a thank you? I hope that it will not go to extremes, but the "distressed" employees will surely merge information about the activities of the enterprise into the tax. yes
  2. nov_tech.vrn Offline
    nov_tech.vrn (Michael) 12 May 2020 13: 03
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    In general, according to the author, the state is obliged to protect a small business that worked without registration and poor workers who worked in black, in general, neither one nor the other paid taxes. We thought so to live happily ever after and here - a virus, a crisis and "help us." Russian divisions of foreign companies paid taxes, and only those who retain at least 90% of their jobs receive preferences, and those who have already laid off more workers and there’s nothing to rely on. I will not speak about unregistered applicants, the question is as old as the world, it was their choice, I did it in due time. And also it would be necessary to declare a state of emergency in order to allow an “honest” business to fire employees without problems, because the state of emergency is a force majeure under which you can safely terminate all contracts.
  3. Alexei Ushakov Offline
    Alexei Ushakov (Alexey Ushakov) 12 May 2020 13: 11
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    Ehh, well, even hands fall to comment on another masterpiece. Well, you can just find out how Franchise works. These are small entrepreneurs who pay for the use of the logo and other company developments.
    1. Marzhecki Offline
      Marzhecki (Sergei) 12 May 2020 13: 16
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      I know how the franchise works. And who are paid royalties.
      The list does not say anything about franchise entrepreneurs. It is said about the head office of the McDonald's.
      1. Alexei Ushakov Offline
        Alexei Ushakov (Alexey Ushakov) 12 May 2020 14: 39
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        Ahh, yes for Serezhenka should list all those employed in the Franchise. Well then you didn’t talk about the fact that they didn’t hold the бесплатный free lunch for doctors ’campaign. Oh yes, that’s not part of your ..stateful’s plans. But how should journalism be objective? And yes. As there are threats - poke us with our nose for an article on Nord Stream-2, supposedly that they will not finish building it)))
  4. Marzhecki Offline
    Marzhecki (Sergei) 12 May 2020 13: 17
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    Quote: nov_tech.vrn
    In general, according to the author, the state is obliged to protect a small business that worked without registration and poor workers who worked in black, in general, neither one nor the other paid taxes.

    Why did they work like that?
    1. nov_tech.vrn Offline
      nov_tech.vrn (Michael) 12 May 2020 13: 26
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      It was their choice, and now their problems. I did it at one time, and so I don’t have to tell anything about this.
      1. Marzhecki Offline
        Marzhecki (Sergei) 12 May 2020 13: 35
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        Yes, that is their choice. The choice has its own economic reasons. And your maxim about the emergency mode says a lot about you ..
    2. 123 Offline
      123 (123) 12 May 2020 14: 05
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      Why did they work like that?

      It was a pity to give money to the tax.
    3. 123 Offline
      123 (123) 12 May 2020 16: 08
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      Why did they work like that?

      Found you a suitable example. yes Pretty typical situation.

  5. Nick Offline
    Nick (Nikolai) 12 May 2020 13: 51
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    Marzhetsky’s, which is negative, everything is colossal. Only colossal damage was done not to Russia, but to the entire world economy. Russia just suffered less than others. The Saudis, whom Marzhecki appointed winners in the oil war with Russia, fell in production even below their allotted limits, while Russia maintains production volumes and has a good price for its oil. Saudis are forced to abolish subsidies to their poor citizens, and this is about a third of the population, and Russia has announced new preferences for families with children, and small businesses, and medium and large businesses, with the condition of preserving jobs, and this also helps, especially those workers enterprises, no matter how much foreign investors participate in these enterprises. The Saudis raised VAT three times, and in Russia the Central Bank once again lowered the key rate to 5,5 percent, which indicates the good condition of the Russian financial system, and the economy as a whole. But Mr. Marzhetsky convinces everyone that everything in Russia is “colossal” bad. In a word, the author once again confirmed his amateurism.
    1. Igor Pavlovich Offline
      Igor Pavlovich (Igor Pavlovich) 12 May 2020 17: 29
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      I don’t want to talk about all the nonsense, but the phrase with capital letters was especially amusing -

      The Saudis raised VAT three times ...

      Here it is necessary, as in that saying about the dead — either good or nothing but the truth.

      VAT in this country was introduced only two years ago in an attempt to reduce the dependence of the country's economy on world crude oil prices.
      According to the new rules, from July 1, VAT will increase from 5% to 15%.

      https://www.bbc.com/russian/news-52614555

      Well, about the key rate of 1% versus 5,5% in Russia, and everything else ...
      1. Nick Offline
        Nick (Nikolai) 13 May 2020 18: 32
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        Tongue-speaking is your hobby.
  6. Astronaut Offline
    Astronaut (San Sanych) 13 May 2020 02: 01
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    The solution to all problems is the Stalin Strait

  7. Nikolay Malyugin (Nikolai Malyugin) 13 May 2020 06: 25
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    We will find out who suffered more later. Here you cannot hide yourself with just words. But I think that the state’s attitude to small business is initially wrong. This was noticeable even before the pandemic. When officials are given the right to decide who to stay in the world and who not, this is fundamentally wrong.
    1. nov_tech.vrn Offline
      nov_tech.vrn (Michael) 13 May 2020 13: 04
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      Here they are white, and here they’re black, here is small business, and here state employees (by the way, the overwhelming majority of them are teachers, doctors, military) must pay taxes, and here investors who owe nothing to anyone - the law is the same for everyone, if you got tax breaks are one thing, but if you don’t stupidly register, so as not to pay, then another. If lawmakers are not happy with you, come and re-select them.
  8. Oyo Sarkazmi Offline
    Oyo Sarkazmi (Oyo Sarkazmi) 13 May 2020 19: 05
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    Only read the headline: Marzhetsky? Opened - for sure! That's what style means!