DOI: 10.33917/mic-3.110.2023.37-49

An assessment of the financial potential and corporate asset management policy of the leading manufacturing company in the commodity market of the Moscow region – JSC «Bolshevik» was carried out. It is determined that the company is not financially stable. It is recommended to change the current liabilities management policy from aggressive to moderate in order to improve the financial position of the corporation, increase its stability and solvency.

References:

1. Atamanyuk O.Ya., Matushevskaya E.A. Features of property and capital valuation on the example of a confectionery factory. In the collection: Economics and the banking system: theory and practice. Materials of the correspondence international scientific and practical conference. Dagestan State University; North Caucasus Federal University; Financial University under the Government of the Russian Federation. 2016. pp. 54-60.

2. Belchuk E.V., Marien L.S. Industry of Russia: regional features of development at the macro and meso levels. In the collection: Issues of economics and management at the present stage of development. Collection of scientific articles on the results of the All-Russian Conference. Edited by I.E. Belskikh. 2015. pp. 14-17.

3. Documentary history of JSC «Bolshevik». Past, present, future. Gl. ed. by E. Stupakov. Monograph, Publishing House: Newsmakers, Moscow, 2006.

4. Mikoyan L.V. Development of a strategy for the development of a confectionery factory. In the book: Science Week 2020. Collection of abstracts in two parts. Rostov-on-Don, 2020. pp. 214-217.

5. Mikoyan L.V., Orlova V.G. Marketing analysis of confectionery factory products. In the collection: Technologies of marketing, brand management and advertising. Materials of the All-Russian Scientific and practical Conference. State University of Management. Moscow, 2019. pp. 55-57.

6. Mikoyan L.V., Orlova V.G. Strategic analysis of the activity of the confectionery factory. In the collection: Problems of automation. regional management. communication and automation (SAILS-2019). Proceedings of the VIII All-Russian Scientific Conference of Young Scientists, postgraduates and students. Proceedings of the VIII All-Russian Scientific Conference of Young Scientists, Postgraduates and students, In two volumes. 2019. pp. 85-92.

7. Naumova R.E. Features of cost optimization for the production of confectionery factory products. In the collection: Accounting, analysis and audit: current state and prospects of development. materials of the XII International Scientific and Practical Conference. Ural State University of Economics. Yekaterinburg, 2021. pp. 150-152.

8. Naumova R.E. Features of cost analysis at a confectionery factory. In the collection: Actual problems of accounting, analysis and audit. Materials of the XIII All-Russian Youth Scientific and Practical Conference with international participation. Kursk, 2021. pp. 315-319.

9. Penkina Yu.I., Kalinin Yu.S. Development of a program plan for mandatory preliminary events at a confectionery factory. Research and development of young scientists. 2016;15:70-73. (In Russ.).

DOI: 10.33917/mic-2.109.2023.82-92

The article explores different approaches to the term “sustainability” existing in academic literature and used in practice. It describes three methods – two well-known ones and another one developed by the authors – used for quantitative assessment of the degree of economic and financial sustainability in regions. The regions include four Russian federal subjects in the Russian Arctic and three macroregions that include the aforesaid regions. The indicators used for the assessment are grouped by the following aspects: relevance to national projects, type of assessment scale, internal or external economic factors, and income or spending in a consolidated regional budget. The article explores and draws a distinction between the influence of external factors – indicators of the demographic and natural environments – on the economic sustainability of an area.  A comparative analysis is done for three Russian macroregions and four Arctic regions by degree of economic and financial sustainability. The regions and macroregions are ranked based on the results of the comparative analysis using the selected indicators. The ranking helps identify potential strategic vectors and their succession as well as criteria for improvement of economic sustainability in the Russian Arctic.

References:

1. Babkin N., Bespalova S., Senetskaya L., Skotarenko O. Tools for digitalization of economic processes for supporting management decision-making in the Arctic region // IOP Conference Series: Earth and Environmental Science. 2019. Volume 302 Issue 1. 6 August. No 012147.

2. Bykovskaia E., Maiurova A., Kustikova M., Timofeeva I., Tyurikova E.  Assessment of the environmental risks in the development of fossil fuels deposits in the Arctic zone of the Russian Federation // IOP Conference Series: Earth and Environmental Science. Volume 723. Issue 5. 12 April 2021.

3. Bulletin of current trends in Russian economy, Retrieved, 2020. URL: https://e-cis.info/upload/iblock/520/520a5eee087274f9007f341e5865b0b3.pdf

4. Kozin M., Plotnikov V., Skotarenko O. Assessment of challenges, threats, and prospects in development of cities and towns in the Arctic zone // IOP Conference Series: Earth and Environmental Science. Volume 302 Issue 1. 6 August No 012103.

5. Concept of Sustainable Development in Countries United Nation Conference on Environment and Development, 1993.  New York. Vol. 1-3. URL: https://www.un.org/ru/conferences/environment

6. Towards a Global Pact for the Environment of 10 May 2018: Resolution A / 72 / L.51. URL: https://undocs.org/en/A/RES/72/277

7. National Projects: expectations, results, and prospects. 28.07.2020 Ekspert RA Rating Agency. URL: https://raexpert.ru/researches/national_project_2020/

8. On national development goals in the Russian Federation until 2030:  Decree of the President of the Russian Federation of 21 June 2020 No 474. URL: https://www.garant.ru/products/ipo/prime/doc/74304210/

9. On Land Territories in the Arctic Zone of the Russian Federation: Decree of the President of the Russian Federation of 2 May 2016 No. 296 // Collected Laws of the RF 05.05.2014 No18 Part I Art. 2136.

DOI: 10.33917/mic-1.108.2023.74-84

This article discusses the organizational, economic and technological aspects of the processing of MSW into electricity in the leading EU countries under economic sanctions. The issues of using and applying foreign, in particular German experience in the field of state incentives for companies to use renewable energy sources in the energy sector and the processing of municipal solid waste were considered. It has been established that over the past three decades, the consumption of brown coal in the fuel and energy complex of Germany has decreased from 21 to 8%, hard coal from 15 to 8%, and the use of nuclear energy has decreased from 11 to 6%, while gas consumption has increased from 11 to 25%. It has been revealed that over the past few years Germany has been the leader in the EU in terms of MSW recycling and the share of waste return to the economic turnover in Germany is 66%, while in the EU countries this figure does not exceed 46% on average. In particular, in Germany, electronic industry waste is 100% recycled, and waste paper, cardboard and glass are recycled by more than 85%. The German technology of MSW processing is analyzed, which allows the most efficient use of organic waste for the production of renewable energy sources, including biogas and fertilizers for agriculture.

References:

1. Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S., Shestov A.V. International globalization and transformation of the concept of energy security. Online journal of Science Studies. 2015;7(6(31)):2. (In Russ).

2. Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S., Dadugin M.V. Energy security in the European Union: problems of «dependence» and development. Online journal of Science Studies. 2015;7(6 (31)):3. (In Russ).

3. Bondarenko A.M., Kachanova L.S., Chelbin S.M. Technological bases of the production process of humic organomineral fertilizers. Far Eastern Agrarian Bulletin. 2022;16(4):93-99. (In Russ).

4. Bondarenko A.M., Kachanova L.S., Baryshnikov A.V. Determination of technological and design parameters of a brush auger for processing liquid manure as part of a mobile installation. International Agricultural Journal. 2022;65(3). (In Russ).

5. Vukovich N.A., Polyanskaya O.A. Bioenergy as a driver of green economy development in Russia. Beneficiary. 2020;4 (37):4-10. (In Russ).

6. Gromova O.N., Papoyan A.N. Experience of organization of solid household waste management abroad. Journal of Management Studies. 2019;5(2):3-6. (In Russ).

7. Golovanov V.I. The role of ecology in the sustainable development of society: dialectics and retrospective. Monograph. Moscow, Publishing House: LLC «MAX Press», 2021.

8. Golovanov V.I., Kirnarskaya S.V., Anfimova A.Yu. Prospects for the implementation of programs for the collection and processing of household waste. In the collection: Strategic directions in the regions: ecological, economic and social aspects. Materials of the international scientific and practical conference. Editor-in-chief: A.V. Antonov, 2019. pp. 180-189.

DOI: 10.33917/mic-1.108.2023.52-60

This article provides an analytical review of government programs and incentive projects for leading EU companies in the use of renewable energy sources (RES), hydrogen and recycling of municipal solid waste (MSW) under economic sanctions. It has been established that the federal government of Germany, as the leading EU country, as part of stimulating the use of renewable energy, has launched a series of public and public-private (with the involvement of large investors) projects and financing programs that are aimed at private households, as well as municipalities and companies. The 7 largest projects and programs for the use of renewable energy and hydrogen were analyzed, as well as the 6 largest projects and programs for the recycling of solid waste. It has been established that renewable energy sources have begun to play an important role in the structure of the energy balance of the entire European Union, in no way inferior to fossil fuels.

References:

1. Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S., Shestov A.V. International globalization and transformation of the concept of energy security. Online journal of Science Studies. 2015;7(6(31)):2. (In Russ).

2. Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S., Dadugin M.V. Energy security in the European Union: problems of «dependence» and development. Online journal of Science Studies. 2015;7(6 (31):3. (In Russ).

3. Vukovich N.A., Polyanskaya O.A. Bioenergy as a driver of green economy development in Russia. Beneficiary. 2020;4 (37):4-10. (In Russ).

4. Novitsky I.Yu., Alekseev A.E., Pshava T.S., Zhenzhebir V.N., Shestov A.V. Energy security as a factor of international development. Online journal of Science Studies. 2015;7(6(31)):69. (In Russ).

5. Novitsky I.Yu., Alekseev A.E., Zhenzhebir V.N., Pshava T.S., Shestov A.V. European business and energy security in the light of the global crisis. Online journal of Science Studies. 2015;7(6 (31)):70. (In Russ).

6. Polozhentseva I.V., Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S. The dilemma of the political elite of the European Union countries in the energy sector. Online journal of Science Studies. 2015;7(6 (31)):78. (In Russ).

7. Polyanskaya O.A., Tatarenko V.N. Economics and management of an energy enterprise. Textbook in the direction 13.03.01 «Heat power engineering and heat engineering» profile «Industrial heat power engineering». St. Petersburg, 2020.

8. Polyanskaya O.A. The future of bioenergy. Modern aspects of the economy. 2015;9 (217):8-10. (In Russ).

9. Stolyarova A.N., Shutov O.L., Mustafinova D.S. Problems of strategic management of the development of the fuel and energy complex of Russia. Bulletin of MIRBIS. 2022;1 (29):92-99. (In Russ).

10. Teslenko I.B., Prochnova A.A. Forecast scenarios for the development of energy markets. Economics and management: problems, solutions. 2020;3(11(107)):15-19. (In Russ).

11. Filatov V.V., Dorofeev A.Yu., Palastina I.P., Polozhentseva I.V., Tsarev A.A. The economy of Russia and the Eurozone: the current state and prospects of development. Online journal of Science Studies. 2015;7(2 (27)):78. (In Russ).

DOI: 10.33917/mic-6.107.2022.49-59

This article assesses the financial potential and corporate asset management policy of Severstal Corporation PJSC. A recommendation is given to change the current liabilities management policy from aggressive to moderate, which will lead to an increase in the financial stability of the enterprise, a decrease in the effect of financial leverage, as well as an increase in the weighted average cost of capital as a whole. The study conducted by the authors showed that Severstal Corporation PJSC has average estimates for almost all components of the financial potential of the corporation, therefore, it can be assigned an integral average level of financial potential.

References:

1. Eroputova O.A. Analysis and evaluation of cash flows from investment operations of PJSC Severstal. The Scientific Heritage. 2022;86-3(86):17-20.

2. Izzuka T.B., Tkachenko I.D. The impact of COVID-19 on the financial condition of metallurgical enterprises: problems and prospects. Economic sciences. 2021;195:67-77. (In Russ.).

3. Isaeva S.S. Assessment of the probability of bankruptcy by various methods on the example of PJSC Severstal (foreign practice). The world economy: security problems. 2017;3:25-29. (In Russ.).

4. Karkanitsa A.S., Strunnikova Ya.D., Rodionova D.V., Savinkina A.D., Kirdyanova D.I., Khayak A.A., Strunnikova A.D. Market model of shares of PJSC Severstal. Economics and entrepreneurship. 2020;1(114):767-769. (In Russ.).

5. Nikolaeva E.V., Pletnev D.A., Mirvakhedi S. The practice of assessing transaction costs: the case of PJSC Severstal. Bulletin of Chelyabinsk State University. 2020;6(440):204-211. (In Russ.).

6. Rykanin N.V. Overview of the metallurgical industry of Russia and the position of PJSC Severstal in it. Financial economics. 2021;4:194-197. (In Russ.).

7. Rykanin N.V. Prospective analysis of cash flows of PJSC Severstal. Natural sciences and humanities research. 2021;35 (3):278-284. (In Russ.).

8. Sapunova T.A., Koivistoinen A.A. Development of innovative financial strategy of PJSC Severstal. Economics and Business: theory and practice. 2022;6-2 (88):149-152. (In Russ.).

9. Cherednichenko A.S. Analysis of financial results of PJSC Severstal in terms of outsourcing of business processes. Modern Science. 2019;9-1:121-124.

10. Shuvarikov M.D. Principles of IFRS in the financial analysis of PJSC Severstal and PJSC NLMK. Economic security. 2021;4(3):839-852. (In Russ.).

DOI: 10.33917/mic-5.106.2022.50-61

This article discusses benchmarking as a continuous process of quality management and investment and innovation activities on the example of PJSC Severstal Corporation.

The definition of the concept of «benchmarking» is given, its purpose, tasks, stages of implementation are shown. A comparison of Russian and foreign approaches in benchmarking is presented.

The results of benchmarking are shown, which identified shortcomings and gave directions for improving the efficiency of PJSC Severstal. Companies need to bet more on R&D and get better results from it. In recent years, against the background of the pandemic and economic sanctions, PJSC Severstal faced a lack of funds for the modernization and reconstruction of production facilities, with a mismatch with the structure of supply and demand.

The authors propose to reduce costs, develop the metal products market and introduce innovative technologies.

References:

1. Al-Yavar A.A., Zharikov R.V., Bezpalov V.V. Improving the quality of products (services) of commercial organizations. Modern Economy Success. 2020;6:120-126. (In Russ).

2. Garipov A.S. The genesis of benchmarking in the time continuum. Bulletin of the Kazan State Financial and Economic Institute. 2007;4 (9):70-74. (In Russ.).

3. Devlet-Geldy G.K. Benchmarking as a tool for competitive development of modern enterprises. Problems of the economy. 2016;1 (71):42-46. (In Russ.).

4. Eroputova O.A. Analysis and evaluation of cash flows from investment operations of PJSC Severstal. The Scientific Heritage. 2022;86-3(86):17-20. (In Russ.).

5. Kozhemyako A.P. Benchmarking as a tool for analyzing target client groups. Quality management. 2020;4:314-322. (In Russ.).

6. May I. Knowledge management, production efficiency and benchmarking. Rationing and remuneration of labor in industry. 2010;7:52-55. (In Russ.).

7. Ostrovskaya V.N. Theory of SWOT analysis in competitive integration benchmarking. Economic sciences. 2008;47:64-67. (In Russ.).

8. Startseva M.V. The problem of using benchmarking in modern conditions. Economy and society. 2015;2-5(15):943-944. (In Russ.).

9. Silaeva A.V. Analysis of the financial results of the company’s activities on the example of PJSC Severstal for 2019-2021. A young scientist. 2022;23(418): 577-580. (In Russ.).

10. Tyupin N.A. Modern principles of benchmarking. Student. 2020:34-1(120):39-41. (In Russ.).

11. Chekeeva N.K. Benchmarking: conceptual apparatus. Bulletin of the Magistracy. 2017;12-3 (75):46-47. (In Russ.).

12. Shakirova N.N., Zhukovskaya S.L. Problems and possibilities of using financial benchmarking. Topical issues of the modern economy. 2022;4:609-616. (In Russ.).

13. Shuvarikov M.D. Principles of IFRS in the financial analysis of PJSC Severstal and PJSC NLMK. Economic security. 2021;4(3):839-852. (In Russ.).

14. Bezpalov V.V., Lochan S.A., Fedyunin D.V., Solopova N.A., Gorin D.S. Electric power industry development in the russian federation considering the structural trends of the world economy. Environment, Development and Sustainability. 2021.

DOI: 10.33917/mic-4.105.2022.24-33

This article evaluates the financial potential and corporate asset management policy of RUSAL URAL JSC in the context of economic sanctions. It is established that RUSAL URAL JSC combines an aggressive policy of managing current assets and an aggressive type of policy of managing current liabilities. Thus, a comprehensive operational management policy can also be characterized as aggressive. JSC RUSAL URAL has low ratings for almost all components of the financial potential of the corporation (FPC), therefore, it can be assigned a low level of FPC. Thus, the corporation is not financially stable. In order to improve the financial position of the corporation, increase its stability and solvency, it is possible to change the policy of managing current liabilities from aggressive to moderate, i.e. reduce the share of short-term loans in the total amount of liabilities.

References:

1. Bezpalov V.V. The mechanism of restructuring the management system of an industrial enterprise. Publishing house: Knorus. Moscow, 2013. 169 p. (In Russ.).

2. Ksenofontova H.Z., Filatov V.V., Mishakov V.Yu., Nechaev B.P., Osinskaya T.V., Panov S.A. Transformation of the knowledge structure of managers of an industrial company – a source of development of their new competencies: a regional aspect. News of higher educational institutions. Technology of the textile industry. 2020;4(388):157-164. (In Russ.).

3. Filatov V.V., Dorofeev A.Yu., Deeva V.A., Knyazev V.V., Kobulov B.A., Kobiashvili N.A., Mukhina T.N., Palastina I.P., Rudenko O.E., Osinskaya T.V. Theoretical foundations of designing management systems of industrial enterprises in conditions of economic instability. Moscow, 2008. (In Russ.).

4. Filatov V.V., Alekseev A.E., Shlenov Yu.V., Vorobyev D.I., Dorofeev A.Yu., Dolgova V.N., Zhenzhebir V.N., Pshava T.S., Fadeev A.S., Fedorov B.K., Shestov A.V. Machine-building complex of the Russian Federation: sectoral, regional and strategic aspects of development. Kursk, 2017. (In Russ.).

5. Bobryshev A.D., Tumin V.M., Savelyev A.V., Alenina E.E., Trifonov V.A. The place of infrastructure in the innovative ecosystem of industry. In the collection: Achievements in the field of economics, business and management research (AEBMR). 2022. pp. 37-43.

6. Gumerov A.V., Mukhomorova I.V., Sadykova R.R., Fatihova L.E., Chikisheva N.M., Simonova L.M., Alenina E.E. The program “Client’s voice” as a tool for business structure innovation. Journal of Sustainable Development. 2015;8(3):263-270.

7. Kadyrova O.V., Polyanskaya O.A., Dymova O.O., Bespalova V.V., Okomina E.A. Methods of evaluating the effectiveness of the organization of maintenance and repair at the enterprise. In the collection: Achievements in Economics, Business and Management Studies (AEBMR). Materials of the International Scientific and Practical Conference «Russia 2020 – a new reality: Economy and Society». 2021. pp. 173-176.

8. Tatarenko V.N., Polyanskaya O.A., Shaitarova O.E., Tereshchenko S.V., Melentyeva N.I. Synergetics of subject-object interactions in the context of the digital paradigm. In the collection: IOP Conference Series: Earth and Environmental Science. 2. Ser. «II All-Russian Scientific and Technical Conference «Digital technologies in forestry». 2021. p. 012032.

DOI: 10.33917/mic-3.104.2022.46-56

This article discusses modern problems of managing current assets and corporate communications of Russian low-cost airlines under economic sanctions. It has been established that Azur Air LLC combines an aggressive current asset management policy and an aggressive type of current liability management policy. Thus, a comprehensive policy for the operational management of assets and multifunctional corporate communications can also be characterized as aggressive. During the pandemic, Azur Air LLC demonstrated the high flexibility of its business model, which was achieved through a diverse air fleet, consisting of wide- and narrow-body Boeing aircraft of various modifications. This made it possible in the spring of 2022 to freely carry out a number of export transatlantic flights for Russian citizens who were abroad, for the first time to start operating flights on domestic routes, and to intensify cargo transportation.

DOI: 10.33917/mic-2.103.2022.58-64

The article considers the issue of forming the optimal structure of assets of manufacturing enterprises according to the goals of their owners. An original approach is proposed to optimize the structure of the company’s assets according to the criterion of maximizing their effectiveness for owners through the enterprise capitalization indicator.

To link the indicators of capitalization and profit from the existing assets of manufacturing enterprises of the manufacturing industry, the authors propose to create a multiple regression model, where the independent variable is capitalization (profit), the dependent ones are indicators of specific assets.

After finding the contributions (regression coefficients) of each asset, we propose to form their structure according to the principle of a portfolio approach, in which the efficiency indicator of all assets will strive to the maximum and at the same time the specific features of the enterprise in each case will be taken into account [10].

References:

1. Azrilinyan A.N. Big Economic Dictionary. M.: Institute of New Economics, 1997. (In Russ.).

2. Bezpalov V.V., Dorofeev A.Yu., Gorin D.S., Marien L.S. Designing stages of anti-crisis organizational engineering of agricultural enterprises within the universal management cycle. Journal of Applied Research. 2021;1(4):22-35. (In Russ.).

3. Blazhevich O.G. Turnover indicators and their significance for assessing the efficiency of asset use // Scientific Bulletin: Finance, Banks, Investments. 2018;4 (45):31-38. (In Russ.).

4. Brigham Yu., Erhardt M. Financial management: St. Petersburg: Peter, 2009. (In Russ.).

5. Voloshchuk L.A., Tkachev S.I., Monina O.Yu. Statistics. Educational and practical manual: Saratov, 2016. (In Russ.).

6. Van Horn D., Vakhovich D. Fundamentals of Financial Management: M.: Dialectics, 2020. (In Russ.).

7. Dorofeev A.Yu., Filatov V.V., Medvedev V.M., Shestov A.V., Fadeev A.S. Methodology for calculating the discount rate using the capital asset valuation model. Online journal of Science Studies. 2015;7(2 (27)):18. (In Russ.).

8. Mukhidov R.H., Simonova V.A., Filatov V.V. Initial public offering of securities as a financial instrument of Russian corporations for attracting investments // Collection of scientific papers Actual issues of economics, commerce and service, Kosygin Russian State University, 2021. pp. 124-128. (In Russ.).

9. Samuelson P., Nordhaus U. Economics: M: Williams, 2018. (In Russ.).

10. Simonova V.A. Methods of optimization of technological assets of business processes of industrial enterprises // Transport business of Russia. 2010;5:68-71. (In Russ.).

11. Simonova V.A. Efficiency assessment and optimization of business processes of food industry enterprises // Economics, statistics and computer science. Bulletin of UMO. 2012;2:177-183. (In Russ.).

12. Simonova V.A., Tomm V.A. Normative values of financial coefficients as a basis for the formation of the balance sheet structure of industrial enterprises // Modern humanitarian studies. 2013;4 (53):29-34. (In Russ.).

DOI: 10.33917/mic-1.102.2022.83-90

The article discusses the possibilities of using a scenario approach in forecasting and budgeting in the practice of corporate governance of PJSC Aeroflot. According to the methodology of the National Corporate Governance Rating in 2018, Aeroflot PJSC has a rating of 7++, which indicates compliance with Russian legislation, taking into account the interests of all interested parties (shareholders, the state, employees, consumers of services). Currently, it is established that in 2020-2021. This aspect of corporate governance in PJSC Aeroflot is not fully implemented and needs to be improved. It can be assumed that precisely because of this, the risk management system of PJSC Aeroflot could not cope with the development of anti-crisis measures in a timely manner. The authors recommend considering pessimistic and optimistic scenarios in detail when drawing up budgets, planning a budget system for each of them, developing measures to reduce risks, and responding quickly to emerging threats. It has been established that the use of a scenario approach in budgeting and corporate governance practices will allow PJSC Aeroflot to consider all possible situations, including unlikely ones, to inform representatives of the Board of Directors about all possible risks in a timely manner, and to develop measures to minimize risk.

References:

1. Alenina E.E., Zyulina V.V., Redin D.V. Priority directions of formation of organizational structures of innovative development of high-tech industries. In the collection: Innovations in business creation and management. Materials of the VIII International Scientific Conference of teachers, staff and Graduate students. 2016. pp. 3-8. (In Russ.).

2. Alenina E.E., Zyulina V.V. Sectoral problems of management of the development of modern Russian engineering. In the collection: Materials of the Scientific and practical conference with international participation «Management in the field of science, education and technological development». 2016. pp. 134-140. (In Russ.).

3. Golovanova N.B., Gorin D.S. Methodological approach to assessing the technological state of a machine-building enterprise to increase the validity of management decisions //Management of economic systems: an electronic scientific journal. 2012;4 (40):70. (In Russ.).

4. Golovanova N.B., Gorina T.V. Comparative characteristics of the main approaches to enterprise resource management //Management of economic systems: an electronic scientific journal. 2014;12 (72):83. (In Russ.).

5. Gorin D.S. The growth of the technological gap as a trend in the development of the machine-building industry //Economics and entrepreneurship. 2014;11-4 (52): 503-505. (In Russ.).

6. Gorin D.S. Assessment of the industry significance of machine-building enterprises based on the analysis of fixed assets //Economics and entrepreneurship. 2013;12-4(41):319-322. (In Russ.).

7. Gorin D.S. Organizational and methodological aspects of crisis management at machine-building enterprises //Economics and entrepreneurship. 2012;1(24):282-285. (In Russ.).