Analysis of Development Trends of Rosatom and Rosteс State Corporations

The work is devoted to analysis of indicators of financial economic and productive activities of the Rosatom and Rosteс State Corporations. As the analysis results have shown, despite the sanctions against Russia the development of Divisions of the Rosatom GK (according to the dynamics of corresponding indicators) can be assessed positively. It should be noted that today the state corporation is quite dependent on the state support (in the form of budget infusions). In productive performance of the Rosteс GK the decline in aviation and shipbuilding industries as well as in industry of conventional weapons, ammunition, and special chemicals was observed. It should be noted also that many problems which are interfering into the State Corporation development are associated with the joining of new companies to it, i.e. they are received “by inheritance”. Keywords—main trends of development, State Corporations, Rosatom, Rostec, financial economic indicators, productive performance I. ROSATOM STATE CORPORATION Indicators of activities of Divisions of Rosatom SC. Mining Division (managing company is Atomredmetzoloto AO (Joint Stock Company)). Main indicators of performance of the Division for the period 2017–2019 are shown in Table 1. TABLE I. PERFORMANCE MAIN RESULTS FOR THE PERIOD 2015–2019 Performance indicators 2017 2018 2019 Mineral resource base, thousand tons 523,9 520,7 512,7 Uranium production, tons, total 2 917 2 904 2911 Average headcount, people 6657 7232 7153 a. Source: compiled by the authors based on data [1] Fig. 1 shows the dynamics of mineral resource base (2017– 2019). Of 01.01.2020 the Uranium Mineral Resource Base (MRB) of the Division amounted to 512.7 thousand tons. By its volume the MRB occupies the second place among the largest uranium mining world companies. The MRB decreased due to the annual redemption of balance reserves during uranium mining in the amount of 3.4 thousand tons of uranium, as well as due to the voluntary refusal of UDC Gornoe AO from licenses for the right to use subsoil at the Gornoe and Berezovoe deposits with total reserves of 4.6 thousand tons uranium for economic reasons. b. Source: compiled by the authors based on data [1] Fig. 1. Indicators of mineral resource base for the period 2017–2019 Uranium production for the period 2017–2019 is shown in Fig. 2. c. Source: compiled by the authors based on data [1] Fig. 2. Dynamics of uranium production for the period 2017–2019 The performance results of enterprises of the Division for the period 2017–2019 are shown in Table 2. TABLE II. PRODUCTIVE PERFORMANCE OF ENTERPRISES FOR THE PERIOD 2017–2019 Enterprises Performance indicators 2017 2018 2019 PPGHO PAO (Public Joint Stock Company) Uranium production volume, tons 1 631 1 456 1300 Uranium reserves, tons 100.8 99.2 97.9 Hiagda AO Uranium production volume, tons 694 858 1016 Uranium reserves, tons 37.1 36,1 34.8 Advances in Economics, Business and Management Research, volume 164 Proceedings of International Scientific and Practical Conference “Russia 2020 a new reality: economy and society” (ISPCR 2020) 369 Copyright © 2021 The Authors. Published by Atlantis Press B.V. This is an open access article distributed under the CC BY-NC 4.0 license -http://creativecommons.org/licenses/by-nc/4.0/. Dalur AO Uranium production volume, tons 592 590 595 Uranium reserves, tons 14,8 14.2 13.4 Coal production, million tons 3.31 3.03 – d. Source: compiled by the authors based on data [1] Fig. 3 shows the dynamics of growth (decline) in the volume of uranium production (in tons) and the amount of uranium reserves (in tons) for three main enterprises of the Division. e. Source: compiled by the authors based on data [1] Fig. 3. Production volume and uranium reserves of enterprises for the period 2017–2019 In 2017–2019, in the Division there is a decrease in underground uranium mining and an increase in downhole underground leaching production. Fuel Division (the Managing Company is TVEL AO). Main performance indicators of the Division for 2017–2019 are shown in Tables 3, 4. TABLE III. PERFORMANCE MAIN RESULTS Performance indicators 2017 2018 2019 Consolidated revenue, RUB million 180 683 163 173 194 619 Average headcount, people 21 793 22 451 22 111 R&D investments, RUB million 1 195 154