Government drives market demand, with government spending representing 76.2% of total demand in 2020. State Hermitage Museum, The is the largest company in Russia, generating 3.4% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 6.9% of total turnover in 2020. The total number of companies decreases in 2020, to 1,819 units. The costs of the industry decrease by 14.3% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 16.1% of turnover in 2020, the sixth highest in the region. With turnover of USD4.0 billion, Russia accounts for 40.8% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Library, Museums and Cultural Services in Russia: ISIC 923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Library, Museums and Cultural Services in Russia: ISIC 923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of filmmaking, movie theatres, radio and TV, theatre and music production, amusement parks and entertainment services, news agencies, library, museums and cultural services, and sporting and recreational services.See All of Our Definitions
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