Development of directions for improving the efficiency of Russian engineering enterprises

The problematic issues of increasing the organizational and economic efficiency of domestic industrial enterprises of mechanical engineering are considered. Based on the analysis of the series of dynamics of the basic and chain indicators of output, investment, and return on funds, the work forms complex directions for improving the efficiency of machine-building production, corresponding to the conditions of the requirements of accelerated formation of technological sovereignty in areas critical to economic security, new formats and the composition of participants in international cooperative relations. It is shown that in the current difficult conditions of the formation of new world centers of economic power, it is necessary to start developing new conceptual foundations for the sustainable development of machine-building enterprises on the basis of a well-thought-out industrial policy that ensures technological sovereignty in critical areas of the country’s life. It is necessary to intensify the use of organizational, technical, material and financial resources, since the productivity of the use of primary resources, labor and capital is an important indicator of increasing both the sectoral efficiency of production and political and technological sovereignty. The results of the study allow us to conclude that improving the efficiency of machine-building enterprises should take place in complex areas, including both the implementation of intra-organizational reserves for the use of funds and objects, methods of labor organization, and attracting investments and advanced technologies within the framework of the development of subject and technological specialization, broad digital transformation of enterprises. Taking into account the nature of the implementation of the necessary measures at different levels of economic management, it is advisable to strengthen the state executive apparatus to intensify the development of manufacturing industries, ensure positive structural shifts, giving priority to engineering industries that generate high added value.