OKVED 2Section

OKVED 2 G—Wholesale and retail trade; repair of motor vehicles and motorcycles

Section · Russian Classification of Economic Activities (OK 029-2014 (NACE Rev. 2))

Where G sits

  1. G Wholesale and retail trade; repair of motor vehicles and motorcycles

Contains 3 narrower codes

What G includes

  • The main difference between Group 46 (wholesale trade) and Group 47 (retail trade) is based on the predominant type of buyer
  • Wholesaling is the resale (without transformation) of new or used goods to retailers, sales to businesses such as industrial, commercial, institutional, or professional users, or resale to other wholesalers, or the engagement of agents or brokers to buy or sell goods.
  • The main types of companies included in Group 46 are commodity wholesalers, i.e., wholesalers who acquire rights to the goods they sell, such as commodity wholesalers or middlemen, distributors working for manufacturers, exporters, importers and buyers' associations, sales offices (but not retail stores) maintained by manufacturers or mining enterprises that are not parts of them for marketing and other purposes; accepting orders for direct shipments from factories or mines. Also included are brokers, agents, commission agents, buyers and buyers' associations associated with the agricultural produce market. Wholesalers often collect, sort and arrange goods themselves in large quantities, break down larger quantities, and repackage them into smaller quantities (e.g., medicines). They store, cool, deliver and install goods, promote sales and create trade marks.
  • Wholesale and retail trade (i.e., sales without transformation) of any type of goods, as well as various types of services accompanying the sale of goods. Wholesale and retail trade are the final stages of distribution of goods. This group also includes the repair of automobiles and motorcycles. Sales without transformation are usually understood to mean standard actions (operations) associated with trade, such as sorting, classifying, arranging goods, mixing (stirring) goods (for example, sand), bottling (with or without prior washing of bottles), packaging, dividing wholesale lots, repackaging into smaller lots for distribution, storage (chilled or frozen products).
  • All activities related to the sale and repair of automobiles and motorcycles, while groups 46 and 47 include all other activities related to sales

G in other systems

ANZSICAustralia · New Zealand
SICUnited States (legacy)

Hover a badge to see the evidence source. How our conversions work →