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The main directions of development and improvement of the efficiency of the functioning of coal industry enterprises in Russia in the conditions of western sanctions

https://doi.org/10.29030/2309-2076-2023-16-2-166-172

Abstract

In the context of the sanctions restrictions against Russia related to the conduct of a special military operation on the territory of Ukraine, improving the economic efficiency of the functioning of the Russian coal industry is one of the priorities of state regulation. The fuel and energy complex of Russia is budget-forming and forms not only the economic, but also the energy security of the country, and in the conditions of sanctions pressure on the hydrocarbon industry, coal becomes an effective export resource.

Also, the coal industry is important for the active development of the Russian industrial base, which uses brown and coking coal in the production and generation of heat and electricity.

The article analyzes the development and efficiency of coal industry enterprises under sanctions. Attention is focused on the Industry Development Program adopted by the Government of the Russian Federation for the period up to 2035. Priority mechanisms for restructuring the Russian coal industry in order to increase economic efficiency are disclosed.

About the Authors

A. V. Korenevskaya
Peoples' Friendship University of Russia named after Patrice Lumumba
Russian Federation

Anna V. Korenevskaya – senior lecturer at the Department of national economics of the faculty of economics

Moscow



K. A. Pronina
Peoples' Friendship University of Russia named after Patrice Lumumba
Russian Federation

Kristina A. Pronina – 4th year student of the direction «Economics» profile «Enterprise Economics and Entrepreneurship», faculty of economics

Moscow



References

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4. Program for the development of the coal industry. URL: http://static.government.ru/media/files/OoKX6PriWgDz4CNNAxwIYZEE6zm6I52S.pdf.

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For citations:


Korenevskaya A.V., Pronina K.A. The main directions of development and improvement of the efficiency of the functioning of coal industry enterprises in Russia in the conditions of western sanctions. Economic Systems. 2023;16(2):166-172. (In Russ.) https://doi.org/10.29030/2309-2076-2023-16-2-166-172

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ISSN 2309-2076 (Print)