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FAS developed a methodology for calculating the share of retail networks

Feb 22nd, 2010 | By admin | Category: Company News

FAS developed a methodology for calculating the proportion of businesses engaged in retail trade in food products through a trading network on the market of food retailing.

The technique is designed to implement and apply the requirements set out in article 14 of the Federal Law of 28.12.2009 № 3100081-FZ "On the bases of state regulation of commercial activity in Russia," the report said agency.

It establishes a procedure for calculating the proportion of businesses engaged in retail trade in food products through a trading network in the relevant market within the subject of Russia, including within the boundaries of federal cities of Moscow and St. Petersburg, within the municipal district, urban district .

The calculation of shares is based on the following indicators:

- total (in monetary terms) food retailing in the subject of Russia, which is formed by territorial authorities of the Federal State Statistics Service on the basis of official statistical methodology;

- the volume of food products sold (in monetary terms) the economic entity engaged in retail trade in food products through the organization of trade networks in their respective geographic boundaries, for the year preceding the calculation. Data requested from businesses engaged in retail trade in food products through a trading network, made in the trade register in accordance with Article 20 of the Act.

calculate shares of economic entities in the amount of all food products sold in monetary terms over the previous fiscal year within the borders of the RF subject will be held from February 1, 2010 to June 31, 2010.

From 1 July 2010 the above-mentioned calculation will be carried out within the boundaries of the RF subject, including within the boundaries of federal cities of Moscow and St. Petersburg, within the municipal district, urban district. Currently, the project aims at harmonizing Methods in Economic Development of Russia.
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