In July, the State Duma adopted the law governing social entrepreneurship. Midterm, it is to transform the social welfare, said Sergey Khoroshaev, Investment Commissioner of the Government of the Kaliningrad Region under the Government of the Russian Federation in Moscow.
Late last month President of the Russian Federation Vladimir Putin signed Federal Law No. 245-FZ On Amendments to the Federal Law On the Development of Small and Medium-sized Entrepreneurship in the Russian Federation dated 26 July 2019. The law defines the terms social entrepreneurship and social enterprise, which led the media to dub it the Law on Social Entrepreneurship.