ANTI-CRISIS MANAGEMENT OF INDUSTRIAL PRODUCTION UNDER SANCTIONS

Abstract

This article examines the factors that determine the systemic stability of Russian industry in the context of the imposition of sanctions by foreign countries. The purpose of the article is to identify areas of anti-crisis management of industrial production in modern conditions of sanctions pressure. As a result of the study, the role of anti-crisis management of industrial production in Russia for its restoration was revealed. Overcoming the annual indicators of unprofitable enterprises in Russia since 2016 was not possible until 2023. In addition, the number of bankrupt enterprises in the period 2007–2022. does not decrease. These indicators indicate the significant influence of external factors associated with geopolitical influence on the activities of enterprises. The study identified risks associated with the activities of industrial enterprises: the risk of a global recession, a high probability of increased sanctions pressure, the risk of a reduction in export earnings and the persistence of pro-inflationary risks. The sanctions pressure did not provoke a serious crisis in the regional industry, but created conditions for reducing dependence on imports, localizing production within the region, optimizing the structure and vector of foreign trade activities of industrial enterprises. However, due to the increased sanctions pressure in 2022 in the field of industrial production, it is necessary to formulate additional measures for anti-crisis management. Anti-crisis management under sanctions depends not only on the activities of the enterprises themselves based on internal processes, but also on the activities of the state. To build new supply chains, establish alternative channels for selling products, and actively develop import substitution, large-scale infrastructure investments are required, which depends on significant government participation in the form of investments and the formation of legislation to support the development of domestic industrial production.