In the year 2021, the amount of newly built or renovated auditoriums in Russia reached 5,883 persons of total capacity, counting theaters, concert and cinema halls all together. This represents a 201% increase year-over-year. Of this total, the entire amount was the new construction.
In addition, facilities of the club-type cultural institutions have been commissioned in the amount of 12,878 persons of total capacity, within a reporting year.
The capacities of newly built or renovated auditoriums is a key factor shaping the demand for specialized furniture for theaters, concert halls, cinemas in Russia. We are tracking this indicator more closely, including the performance by various regions of Russia, within our extended Market Reports.