Assessment of the Financial Potential of Corporations-Leaders of the Forest Industry Complex of the Far Eastern Federal District
Authors
Alexey V. Katin
The Russian Presidential Academy of National Economy and Public Administration, the Far-Eastern institute of management - branch of RANEPA
Автор
forest industry complex,
fi potential,
economic security of enterprises
Abstract
Considering the development of the forest industry complex of Russia at the present stage, it is necessary to focus on the internal reserves of the corporations included in it. Investment projects aimed at increasing the share of processing of harvested wood are carried out mainly at the expense of own and borrowed funds of enterprises, the formation of which is possible provided that the profi of production and sales is maintained. The features of the technological process of forest resources processing are, on the one hand, a suffi forest raw material base, and on the other hand, the availability of appropriate capacities for logging. The main purpose of preparing the article is to study the change in the fi potential of large corporations of the forest industry complex operating in the Primorsky and Khabarovsk Territories included in the Russian ratings. The features of the development of enterprises of the forest industry complex are considered through an assessment of their investment potential and the associated fi potential. Attention is drawn to the need to develop the production capabilities of enterprises through the implementation of investment projects for the integrated processing of wood, as a condition for providing support of government authorities to them. The methodology of quantitative assessment of fi potential of enterprises of forest industry complex using provisions of comprehensive economic analysis is applied. It is revealed that values of indicators characterizing fi potential of enterprises depend on results of export activity on Chinese and Japanese markets, which has signifi impact on instability of their fi condition parameters. In order to increase fi potential of enterprises implementing investment projects on complex processing of wood it is advisable to develop a state program aimed not only at support of acquisition of processing equipment, but also at ensuring sales of corresponding products.
