Model of development of vertically and horizontally integrated structures in metallurgical engineering
This paper analyzes features of formation and development of vertically and horizontally integrated structures in Russian metallurgical engineering industry; trends in their development, the place and the role they play in the domestic and global economy are shown; real opportunities for moderniza...
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| Format: | Article |
| Language: | English |
| Published: |
Russian Academy of Sciences, Institute of Economics of the Ural Branch
2012-09-01
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| Series: | Экономика региона |
| Subjects: | |
| Online Access: | http://www.economyofregion.com/archive/2012/41/1979/pdf/ |
| Summary: | This paper analyzes features of formation and development of vertically and horizontally integrated structures in Russian
metallurgical engineering industry; trends in their development, the place and the role they play in the domestic and global economy
are shown; real opportunities for modernization and innovation development are identified, dynamics of the major macro-and microeconomic
performance of industry in the world, in Russia, in the areas of the Ural region and thelargest holding companies — producers
of steel, cast iron, rolled steel, copper, titanium, aluminum, zinc and bauxite is shown. A measure of the impact of the global economic
crisis on metallurgicalengineering industry of Russia in general and steel industry in particularisrevealed. It is shown that thecrisis has
substantially reduced the production and export performance of enterprises engaged in manufacturing of basic metals and fabricated
metal products; the processes of concentration and centralization of production and capital through the acquisition and absorption is
investigated; the sources of fundings necessary for the development of the industry are analyzed; the mechanism, consequences and
possible ways of adaptation of metallurgical enterprises and industries related to Russia’s WTO accession are reviewed. |
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| ISSN: | 2072-6414 2411-1406 |