Sewing section
Sewing section
Food products
Food products
Adygeya. Maykop. Red street. Europe
Adygeya. Maykop. Red street. Europe

Small scale business and entrepreneurship in Adygeya

After foundation of the first small scale enterprises in the Republic of Adygeya the positive tendencies of the development of this economic sector are cleanly seen.

Beginning from 1999 the quantity of this type of enterprises increased by 5 times. The number of people occupied in this business doubled. The density of industrial production in the total republic output increased from 6% in 1994 to 12% in 2000. In 2000 the tax receipts of small-scale business into the budgets of all levels accounted for 20% of all republic receipts (9% in 1995).

Today in the sphere of entrepreneurship people busy in industrial labour activity and farmers including, there are more than 27% of all working people in the republic.

It is 6 times as much as in 1992. The real instrument in the state policy is the annual republic program of the state support of small-scale entrepreneurship the customer of which acts the Fund of Entrepreneurship Support and Competition Development of the Republic of Adygeya. In the republic budget 2% of own income sources are foreseen for realization of this program. With the help of the small-scale enterprises the installation of gas service in faraway settlements is being done in short terms, the measures on the sanitation of the children from poor families ordered by the Ministry of Social Protection is being fulfilled.

The small-scale enterprises attend to hospitals and boarding schools.