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Financial prerequisites of integration processes in the power supply business of Russia

Vol. 24, Iss. 12, DECEMBER 2018

Received: 17 October 2018

Received in revised form: 31 October 2018

Accepted: 14 November 2018

Available online: 24 December 2018


JEL Classification: G30

Pages: 2876–2897

Fedorov Ya.P. Financial University under Government of Russian Federation, Moscow, Russian Federation

Subject This article discusses the financial and economic conditions and causes of integration processes in the energy supply business in Russia.
Objectives The article aims to reveal and describe the financial and economic situation and causes of integration processes in the energy supply business in Russia.
Methods For the study, I used empirical and logical constructions, analysis and synthesis, generalization, a systems approach, and the methods of comparative analysis.
Results The article determines the main financial-and-economic and organizational-and-legal aspects of integration processes in the industry. As part of the financial and economic analysis of the country's largest energy supply companies, it reveals the most common problems of the industry.
Conclusions and Relevance The key feature of the development of the energy supply industry of Russia is its consolidation and the market quitting of small companies' that do not have lobbying resources. The results of the study can be used to improve the State regulation of the industry and assess the development prospects of the industry by specialists of analysis services of specialized bodies of State power and energy providers.

Keywords: power supply business, default provider, fiscal analysis, management, working capital, debt burden


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