In 2023, the turnover of the capital's food industry enterprises increased by almost 8%

The turnover of the capital's food industry enterprises in 2023 increased by 7.6% in comparable prices compared to 2022. This was announced by Vladimir Efimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations.

"The Moscow food industry is constantly increasing production and entering new markets. In 2023, the turnover of companies in this area exceeded 683 billion rubles, which is almost eight percent more than a year earlier. More than 91% of the volume — 625 billion rubles — was provided by food manufacturers. Almost nine percent, or 58.8 billion rubles, was the turnover of enterprises producing beverages," the deputy mayor noted. 

The share of the food industry in the total turnover of Moscow's manufacturing industries amounted to 4.7% by the end of 2023. The capital accounts for 6.1% of the all-Russian turnover of the food industry.

According to the Department of Economic Policy and Development of the city of Moscow, the maximum increase in the food industry in 2023 was shown by companies specializing in the production of fruits and vegetables. Their turnover has more than doubled in comparable prices to 33.4 billion rubles. Enterprises engaged in the production of fish products showed an increase of 26% to 29.4 billion rubles. The meat industry increased turnover by 19% to RUB 167.1 billion. Beverage manufacturers increased sales by eight percent.

More than 80% of the industry's turnover in 2023 was provided by large and medium—sized enterprises - about 552 billion rubles. This is 10% more than in 2022.

According to the Moscow Department of Investment and Industrial Policy, about 300 enterprises produce food and beverages in Moscow. Last year, they increased production by 36.4% compared to 2022. In addition, the shipment of food and beverages showed significant growth — over 699 billion rubles, which is 11% more than in 2022.

On behalf of Sergei Sobyanin, the city is implementing a set of measures aimed at increasing the investment attractiveness of the capital for domestic entrepreneurs and the development of production. Those who produce food products in Moscow can take advantage of preferential loans, rent at the rate of one ruble per year for investment projects, as well as tools of the national project "Labor Productivity", which allows to increase work efficiency and improve economic performance by optimizing industrial processes. More information about this and other national projects implemented in Moscow can be found on a special page.

Moscow is a city with developed production. There are more than 4.2 thousand industrial companies operating in the capital, employing 725 thousand people. 40-50 medium and large enterprises are opened annually, as well as about 100 small ones. They produce a variety of goods, actively innovate and increase production volumes. So, at a meeting with Russian President Vladimir Putin, Moscow Mayor Sergei Sobyanin said that the growth of the capital's manufacturing industry over the past year, excluding the oil refining industry, amounted to 22.3%.