scholarly journals CURRENT STATE OF FINANCIAL AND ECONOMIC ACTIVITY OF MACHINE BUILDING ENTERPRISES

2021 ◽  
Author(s):  
Oleksandr Veremieienko
Keyword(s):  
Negative Impact ◽  
Machine Building ◽  
Engineering Industry ◽  
Innovation Activity ◽  
Industrial Complex ◽  
Net Income ◽  
Economic Activities ◽  
Financial Condition ◽  
Current State ◽  
Building Enterprises

Today, the state directly depends on the industrial complex the entire economy. Among the leading industries is mechanical engineering, as it is closely linked to other economic activities. It is engaged in production machines and equipment that ensure the production of goods and services by enterprises of other industries, thus stimulating their development. For further intensive development of the whole industry needs to ensure a sufficiently high level of activity of the engineering industry. The main problems of development of the machine-building industry include: underdevelopment internal market infrastructure; insufficient level of solvency of producers that negatively affects the financial and economic condition of enterprises in the industry; obsolescence of fixed assets basic enterprises of the industry, which have not been updated during the last 15 years, which has a negative impact on competitiveness, quality and cost of production; lack of working capital, imperfection of the mechanism of medium- and long-term lending; low domestic demand for domestic products; lack of real sources of funding, which makes it impossible reconstruction and technical re-equipment of enterprises in the industry; lack of financial mechanisms and tools that generate interest in innovation, as well as stimulate research and research and development work, as a consequence of the low level of innovation activity of domestic enterprises. All these problems significantly affect the current state of operation of machine-building enterprises. The priority is to analyze the financial and economic activities of machine-building enterprises, and as a consequence - to identify possible ways to improve the situation. The article reveals the essence and necessity of assessing the financial condition of enterprises in modern conditions. The financial condition of the machine-building enterprises of the Zaporizhzhia region was assessed on the example of the following four: PJSC «Zaporizhzhia Mechanical Plant», PJSC «Motor Sich», LLC SE «Commonwealth» and LLC SPE «Energomash» using factor analysis. Using the reporting of these enterprises, the analysis of the main financial indicators for the period from 2015 to 2019 analyzed the dynamics of changes in net income, cost, gross profit and net profit (loss) of the surveyed enterprises. The analysis of factors influencing the gross profit of the studied enterprises is carried out. It is established that in order to establish a stable financial activity in enterprises, it is necessary to thoroughly analyze the financial condition, to ensure the efficient use and formation of financial resources in their financial and economic activities.

scholarly journals Management of Business Development for Machine-Building Companies in the Frame of integrated Corporate Structures

2018 ◽  
Vol 8 (3) ◽  
pp. 108-119 ◽  
Author(s):  
T. N. Topoleva
Keyword(s):  
Economic Integration ◽  
Economic Effect ◽  
Value Added ◽  
Machine Building ◽  
Building Industry ◽  
Practical Implementation ◽  
Industrial Complex ◽  
Corporate Structure ◽  
Economic Activities ◽  
Building Enterprises

The article considers the stage process of a machine-building enterprise modernization management, the enterprise being a part of an integrated corporate structure, in response to the demand for an economic and technological breakthrough. The topicality of the study is determined by the problems of technical and process design renewal of the Russian industry, the lack of investment support of modernization programs in the production sector, and the development of new forms of public demand typical for the innovative economy. The authors have substantiated the role of economic integration processes in the development and modernization of machine-building enterprises based on the synergetic paradigm. The paper identifies and characterizes the stages of modernization management processes taking into account the mission and strategic goals of the enterprise development. The research has covered theoretical and methodological works of domestic and foreign scientists on the problems of economic integration and best practices of creating big integrated corporate structures. Modernization is considered as a set of measures aimed at improving the production and economic activities of enterprises participating in integrated corporate structures in order to ensure sustainable economic efficiency. Moreover, the paper identifies the factors preventing the sustainable development of domestic machine-building industry. A number of problems facing machine-building enterprises during the crisis period can be successfully overcome by them within the frame of integrated corporate structures which are entrusted with a leading role in the development and modernization of the machine-building complex. Among other things, the formation of such structures is aimed at the innovative development and creation of various types of knowledge-intensive industries with greater value added. The paper presents the mechanism for managing the modernization of enterprises within the frame of integrated corporate structures. Priority areas of investments in the implementation of modernization projects are proposed to be determined not only on the basis of the expected economic effect, but also taking into account the potential of the entities under modernization. The approach proposed by the author for managing the modernization of the enterprise within the frame of integrated corporate structures can be used both at the enterprises of the machine-building industry and the industrial complex as a whole in the context of improving the efficiency of the management system. The practical implementation of modernization measures will enhance the competitiveness of enterprises, increase their investment attractiveness and switch them to a higher level of economic sustainability with a focus on achieving the maximum impact in all spheres of activity.

scholarly journals ANALYSIS OF INVESTMENT ATTRACTIVENESS OF ENTERPRISES OF AGROINDUSTRIAL COMPLEX OF UKRAINE

2020 ◽  
pp. 4-20
Author(s):  
G.M. Fyliuk ◽  
K.V. Akulenko
Keyword(s):  
Financial Stability ◽  
Negative Impact ◽  
Innovation Activity ◽  
Industrial Complex ◽  
Market Demand ◽  
Economic Activities ◽  
Market Position ◽  
Industrial Enterprises ◽  
General Integral ◽  
Agroindustrial Complex

A comparison of the main financial and economic indicators of agro-industrial enterprises engaged in the cultivation of oilseeds in Ukraine and the current trends in their development are determined.The analysis of investment attractiveness of domestic agro-industrial enterprises in cultivating oilseeds and the most investment-attractive domestic agro-industrial enterprises according to the results of the use of the method of graphic integration were engaged. Four variants of the integral indicator were calculated, provided that the investor's advantage is given to the market position and competitiveness of the company on the market, the profitability of the enterprise's activity, financial stability and independence, as well as the innovative potential of the investigated enterprise;the problems that cause the most negative impact on the level of their investment attractiveness were revealed and analyzed;a set of indicators that determine the investment attractiveness of the enterprise by the method of graphical integration were calculated; agricultural companies in three groups are analyzed: with high investment attractiveness, with average investment attractiveness and low investment attractiveness;the following general trends for all enterprises are highlighted:most of the indicators are in the middle and low attractiveness zone; the investment attractiveness graphs are approximately the same on a market position, mainly due to the influence of the external factor - the prevailing market demand; high profitability of sales due to the market situation; there is a potential very low innovation activity, almost no own development, using mostly borrowed innovation; high rates of financial sustainability, most enterprises carry out economic activities through self-financing, however, on the other hand, this indicates the problems related to the attraction of financing sources and lack of adequate support of the agro-industrial complex from the state the rating of investment attractiveness of domestic agro-industrial enterprises in cultivating oilseeds is constructed, in relation to different investor's goals, accordingly with the obtained values of the general integral coefficients were engaged.

scholarly journals АНАЛІЗ РИНКУ МАШИНОБУДУВАННЯ УКРАЇНИ: ПРОБЛЕМИ І ПЕРСПЕКТИВИ РОЗВИТКУ

2020 ◽  
pp. 21-28
Author(s):  
Юлія Борисівна Кракос ◽  
Аліна Олександрівна Приходько
Keyword(s):  
Mechanical Engineering ◽  
Machine Building ◽  
The State ◽  
Engineering Industry ◽  
Building Industry ◽  
Industrial Complex ◽  
Current State ◽  
General Scientific ◽  
Further Development

In the light of globalization processes at the present stage of development of the Ukrainian economy, domestic enterprises of the machine-building industry faced the problem of increasing their competitiveness in the world market, which in turn contributed to the Activation of their innovative activities. The need of implement measures to increase the level of investment attractiveness of Ukrainian enterprises, determines the feasibility of the analysis of the current state of the machine-building industry. The aim of study is to investigate the role of machine-building industry production in total industrial complex, the research status, the challenges and to identify priorities for further development of engineering in Ukraine that are taking into account the requirements of the Modern market.  Research object. The object of the research is the machine-building industry of Ukraine and its condition in the conditions of world globalization. Methods. Research methods that were used in the process of writing the article - providing for the application of General scientific and empirical approaches to economic science – were based on a systematic approach. The appliance of the dialectical method allows us to highlight the features of modern innovation processes, furthermore, to explore the problems of creating an investment-attractive environment in the machine-building industry of Ukraine.  The traditional method is applied in the study of previous experience chronology of events and facts in the development of the economy of Ukraine.  General scientific systematical and logical methods were also used to obtain research conclusions.  The basis of the information in this paper is on the researches consisted of monographs, scientific articles of domestic, foreign articles, legal activities of the enterprises and data of the State Statistics Service of Ukraine. The hypothesis of the study. Continuous monitoring of the current state of machine building in Ukraine and implementation of the results of its practical analysis will improve the investment attractiveness of the industry.  Presentation of the main material. In this scientific article the role of mechanical Engineering as the leading industry of economy of Ukraine is investigated.  Based on statistical data, the dynamics of the main indicators of development of the machine-building industry of Ukraine for 2010-2018 was analyzed. Significant problems of the studied area are Identified, priorities for further development are determined.  The originality and practical significance of this study is to investigate deeply the main problems of investment attractiveness of the engineering industry.  also this study’s main provisions can serve as a scientific basis for the development of machine-building enterprises, in the context of the study of the problems of increasing the investment attractiveness of the industry.  Conclusions of the study. Since Mechanical Engineering is one of the leading industries, it is an indicator of the technical level of the country.  Lack of financial resources at the enterprises through problems such as low speed potential restoration of production in industry were solved. This leaded to braking of the General development of mechanical engineering of Ukraine.  In challenging situations of financial and economic activity, the enterprises of the machine-building industry need support from the State, in particular that needs a part of tax incentives for large-scale projects to modernize production facilities and Provide domestic producers with state orders.  According to the results of the conducted research it can be argued that the main stimulus for the realization of the industry’s potential is the lack of material resources.  Therefore, the solution for problems of increasing the investment attractiveness of industry will insure the further development of machine-building complex of Ukraine.

scholarly journals CURRENT STATE AND PROBLEMS OF DEVELOPMENT OF UKRAINIAN MACHINE-BUILDING ENTERPRISES

2021 ◽  
pp. 227-238
Author(s):  
Oksana Khodyrieva
Keyword(s):  
Sustainable Development ◽  
Industrial Development ◽  
Mechanical Engineering ◽  
Machine Building ◽  
The State ◽  
Building Industry ◽  
Industrial Complex ◽  
Current State ◽  
Main Factors ◽  
Building Enterprises

Introduction. As the industrial sector is of key importance for the economy of Ukraine, the indicators of its functioning are the main factor in the social and economic development of the country. In particular, mechanical engineering is one of the basic sectors of Ukraine's economy and a strategically important sector that affects the development of technological potential and competitiveness of Ukraine's economy as a whole. The level of development of mechanical engineering is one of the main factors that allows to ensure sustainable development of the Ukrainian economy, the level of development of the country depends on its level and dynamics of development. Therefore, the study of the current state of the machine-building industry, the efficiency of machine-building enterprises, identification of current problems will identify tools for recovery and further sustainable development of machine-building enterprises as one of the key sectors of the national economy. Purpose. Analyze the state of Ukrainian machine building, identify the main trends and problems of the industrial complex in modern economic conditions and provide recommendations for their solution to ensure sustainable development of machine building enterprises and increase the level of economic potential of industry. Method (methodology). The research was conducted through the analysis and synthesis of data based on the evaluation of statistical data of the State Statistics Service of Ukraine (2010-2019) in order to study the current state of the machine-building industry of Ukraine; tabular and graphical methods for visual presentation of the material. Results. The study confirms the link between economic growth and industrial development. The peculiarities of the conditions of activity of machine - building enterprises are determined. The tendencies of the lag of the Ukrainian industry on level from the developed countries are revealed. The main factors of reduction of production volumes of machine - building branch are analyzed. The analysis of the level of innovative activity of machine - building enterprises is carried out. The main factors hindering innovation are identified. The existing level and structure of capital investments are analyzed. The main destabilizing problems of the machine-building industry in Ukraine are outlined. A conclusion is made and a number of measures aimed at creating conditions for sustainable development of the machine-building industry taking into account the potential and capabilities of machine-building enterprises are proposed.

Prospects for the development of the machine-building industry in the context of neo-industrial development of the Russian economy

2020 ◽  
pp. 49-55
Author(s):  
М.К. Измайлов
Keyword(s):  
Industrial Development ◽  
Statistical Data ◽  
Machine Building ◽  
Engineering Industry ◽  
Building Industry ◽  
Industrial Economy ◽  
Basic Industry ◽  
Russian Economy ◽  
Current State ◽  
Promising Development

Статья посвящена исследованию проблем развития машиностроительной отрасли в условиях развития неоиндустриальной экономики России. Обоснована актуальность и важность развития машиностроительной отрасли как базовой отрасли развития всей экономики России. Проведено исследование статистических данных, отражающих современное состояние развития машиностроительной отрасли. Разработана концептуальная модель перспективного развития машиностроительной отрасли в условиях неиндустриального развития экономики России. The article is devoted to the study of the problems of the development of the engineering industry in the conditions of the development of the neo-industrial economy of Russia. The relevance and importance of the development of the engineering industry as the basic industry for the development of the entire Russian economy is justified. A study of statistical data reflecting the current state of development of the engineering industry has been carried out. A conceptual model of the promising development of the machine-building industry in the conditions of the neo-industrial development of the Russian economy has been developed.

scholarly journals Current state and development trends of livestock in the Republic of Kazakhstan

2021 ◽  
Vol 16 (2) ◽  
pp. 134-144
Author(s):  
S. M. Yessengaliyeva ◽  
M. A. Mansurova ◽  
A. D. Makhmudov ◽  
L. V. Fedorchenko
Keyword(s):  
Negative Impact ◽  
Low Cost ◽  
Meat Products ◽  
Animal Husbandry ◽  
Farm Animals ◽  
Industrial Complex ◽  
Resource Saving ◽  
Livestock Industry ◽  
Current State ◽  
The Republic

The article is devoted to the study and analysis of the current state of the animal husbandry industry in the Republic of Kazakhstan in the context of regions. The indicators of the dynamics of the number of livestock of farm animals for the period 2015-2019 by regions, indicators of productivity in the industry, indicators of the volume of production of meat products are analyzed. The dynamics and structure of costs in the country’s livestock industry are also considered.Today, one of the most pressing problems in the development of the agro-industrial complex is the low level of labor productivity due to low automation and digitalization of technological processes. The need to meet the demand for livestock products in the domestic market of the Republic of Kazakhstan, as well as to increase its export resources, poses a challenge for Kazakhstani science and practice to develop, scientifically substantiate and master modern technologies for the production of low-cost, environmentally friendly, competitive products of the industry. They should be resource-saving, aimed at maximizing the use and improvement of the genetic potential of farmed farm animals, adapted to the specific natural and economic conditions of the regions of the republic. The development and mastering of such technologies will make it possible to weaken the negative impact of the industry on the environment, reduce the cost of material resources, and effectively use the available land and water resources [5].The main problems hindering the effective development of the country’s livestock industry are identified. The promising strategic directions for the development of this industry have been determined. From the point of view of experts of the financial organization, the country has good potential and opportunities to export its beef and pork to China, and the lamb of the Edilbay sheep breed to the countries of the Middle East.

scholarly journals ACTUAL PROBLEMS OF INCREASING THE COMPETITIVENESS OF MACHINE-BUILDING ENTERPRISES IN MODERN CONDITIONS

2019 ◽  
Vol 1 (7) ◽  
pp. 41-45
Author(s):  
N. Arsenieva ◽  
L. Putyatina ◽  
A. Zheltenkov
Keyword(s):  
Machine Building ◽  
Engineering Industry ◽  
Product Range ◽  
Method Of Calculation ◽  
Innovative Potential ◽  
Main Components ◽  
The Competitiveness Of Enterprises ◽  
Building Enterprises

The article has devoted to the issues of improving the competitiveness of enterprises in the engineering industry. The factors hindering the development of industry enterprises have been analyzed. The article substantiates the main components of the competitiveness of enterprises, which are of particular relevance: product range – technology; – advanced R & d; – economic, industrial and innovative potential, etc. the Possibilities of improving the competitiveness of enterprises at the level of macroeconomics and at the level of enterprises themselves have been considered. The method of calculation, allowing to draw conclusions about the competitiveness of the product range of the enterprise has been offered.

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