Russia’s public catering: Characteristics,profitability, and dynamics

Public catering in the Soviet period is compared to that at present. Official statistics and alternative assessments of the industry’s financial results in 2001 and its dynamics over the period 2000–2005 are presented. The gross value added of public catering is updated on the basis of the revealed turnover underestimation. The industry’s shadow incomes are shown; a case for raising tax payments is made; and the possible size of increased tax payments is shown.