Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)

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Digital Technologies in Ensuring Financial Strength of Russian Non-Ferrous Smelters

Authors
Yu.A. Dolgikh, E.S. Panfilova, E.A. Smorodina
Corresponding Author
Yu.A. Dolgikh
Available Online 5 May 2020.
DOI
10.2991/aebmr.k.200502.128How to use a DOI?
Keywords
non-ferrous industry, Russian enterprises, financial strength, digital technologies
Abstract

The relevance of this research depends, on the one hand, on the high level of importance of the non-ferrous industry sector for the Russian economy, and, on the other hand, on serious threats to the stable functioning of the industry in the near future. The article analyzes the dynamics and structure of non-ferrous metal production in Russia, the dynamics of export and import volumes and price trends in view of key aluminum and copper segments. The systemic intra-industry problems and external threats to ensure the financial strength of Russian non-ferrous smelters are highlighted, the negative impact of which is reflected in the negative dynamics of the main financial and economic indicators of the copper industry enterprises - the flagship of the Russian non-ferrous industry, its most export-oriented segment. In the scope of identified intra-industry problems and external threats, including the consequences of the COVID-19 coronavirus pandemic infection, the authors formulated the main directions for increasing the smelters’ efficiency through the introduction of digital technologies.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2020
ISBN
978-94-6252-962-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.200502.128How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Yu.A. Dolgikh
AU  - E.S. Panfilova
AU  - E.A. Smorodina
PY  - 2020
DA  - 2020/05/05
TI  - Digital Technologies in Ensuring Financial Strength of Russian Non-Ferrous Smelters
BT  - Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
PB  - Atlantis Press
SP  - 787
EP  - 793
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200502.128
DO  - 10.2991/aebmr.k.200502.128
ID  - Dolgikh2020
ER  -