THE ANALYSIS OF RECYCLING INDUSTRY IN THE URAL FEDERAL DISTRICT

Elena Silova () and Viktor Barkhatov ()
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Elena Silova: Chelyabinsk State University, Chelyabinsk
Viktor Barkhatov: Chelyabinsk State University, Chelyabinsk

CBU International Conference Proceedings, 2019, vol. 7, issue 0, 290-295

Abstract: This article concentrates on the analysis of the recycling industry in Ural Federal District. Nowadays the problem of development of this industry is extremely important due to the need of real transition to long-term sustainable development. It is necessary to understand what enterprises have presented the industry and what problems they face now for further institutional design of ecologically sustainable development of industrial regions. These regions have serious ecological problems which need a strategy to solve them. In this article, the financial condition of Ural enterprises is analyzed and the analysis of level of market concentration and the interrelation between concentration level in industry and the financial condition of the companies is revealed. The financial analysis, analysis of concentration and statistical methods (correlation analysis) are used in this research. The information base of the research is the database FIRA PRO on the enterprises which contain such indicators such as sales revenue, net profit, number of employees, return on equity and others. The study shows that the recycling industry is characterized by rather low financial indicators. The prevailing kind of activity is processing of metals scrap. Collecting and processing of other types of resources are poorly developed. The market is characterized by moderate concentration, its level affects negatively on financial indicators of industry. Within regional economic policy it is necessary to provide measures for the stimulation of this industry in the Ural regions to develop competition in the industry.

Keywords: sustainable development; recycling industry; institutional design (search for similar items in EconPapers)
JEL-codes: O33 O44 P25 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:7:y:2019:i:0:p:290-295

DOI: 10.12955/cbup.v7.1376

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