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Investments to the petrochemical sector: the value of the competitiveness of petrochemical companies

Author

Listed:
  • Tatiana Bondarenko

    (Plekhanov Russian University of Economics, Russian Federation)

  • Alex Borodin

    (Plekhanov Russian University of Economics, Russian Federation)

  • Makpal Zholamanova

    (L. N. Gumilyov Eurasian National University, Kazakhstan)

  • Galina Panaedova

    (North-Caucasus Federal University, Russian Federation)

  • Tatiana Belyanchikova

    (Financial University under the Government of the Russian Federation, Russian Federation)

  • Lira Gurieva

    (North Ossetian State University, Russian Federation)

Abstract

The article focuses on the dynamics and structure of fixed investments in the Russian Federation in the period of 2011-2019, analyses both the destabilizing factors, and those, having beneficial impact on the use of a wide range of financial mechanisms in financing projects on petrochemical companies’ development. It evaluates the competitiveness of petrochemical companies in the Russian Federation and abroad, for the current period and until 2030, according to the strategy of industry development. It outlines the investment potential of the industry and provides conclusion on the need to develop the use of mechanisms for financing innovative subprojects of petrochemical industry companies. All conclusions in the article are illustrated with relevant examples.

Suggested Citation

  • Tatiana Bondarenko & Alex Borodin & Makpal Zholamanova & Galina Panaedova & Tatiana Belyanchikova & Lira Gurieva, 2020. "Investments to the petrochemical sector: the value of the competitiveness of petrochemical companies," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2510-2525, March.
    • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:3:p:2510-2525
    DOI: 10.9770/jesi.2020.7.3(70)
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    1. Katrina Benikovna Dobrova & Nadezhda Grigorevna Danilochkina & Natalia Vladimirovna Cherner & Victor Petrovich Dobrov & Peter Petrovich Dobrov & Ekaterina Nikolaevna Sepiashvili, 2018. "Innovational Management of Industrial Enterprises in the Energy Sector," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 447-458.
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    Cited by:

    1. Ivan Trifonov & Dmitry Trukhan & Yury Koshlich & Valeriy Prasolov & Beata Ślusarczyk, 2021. "Influence of the Share of Renewable Energy Sources on the Level of Energy Security in EECCA Countries," Energies, MDPI, vol. 14(4), pages 1-15, February.
    2. Ali Sabyrzhan & Gulnara Balgimbekova & Viktor Shestak, 2021. "RETRACTED ARTICLE: Economic and legal regulation of the use and development of renewable energy sources," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 21(4), pages 595-610, December.
    3. Natalya S. Shcherbakova & Yulia A. Nazarova & Olga S. Kirichenko & Oleg A. Gorunov & Andrey V. Dubrovsky, 2020. "Evaluation of Gas Industry Competitiveness in the Foreign Market," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 272-279.
    4. Marko Milojević & Mariusz Urbański & Ivica Terzić & Valeriy Prasolov, 2020. "Impact of Non-Financial Factors on the Effectiveness of Audits in Energy Companies," Energies, MDPI, vol. 13(23), pages 1-17, November.

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    More about this item

    Keywords

    competitiveness; financing mechanisms; financing; innovative development of the industry; investments; petrochemical companies;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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