Selling, general and administrative expenses

12 Months Ended

Dec. 31, 2018

Selling, general and administrative expenses

Selling, general and administrative expenses

24.Selling, general and administrative expenses

Selling, general and administrative expenses for the years ended December 31 were as follows:

	2016	2017	2018
Compensation to employees, related taxes and other personnel expenses	1,682	2,227	3,572
Advertising, client acquisition and related expenses	165	1,294	2,369
Tax expenses, except income and payroll related taxes	175	407	690
Advisory and audit services	297	433	661
Rent of premises and related utility expenses	346	391	643
IT related services	180	236	364
Loss/(gain) from initial recognition, net	—	—	143
Other expenses	363	1,035	1,229
Total selling, general and administrative expenses	3,208	6,023	9,671