The modern state and structural features of Russian metallurgical holding companies

Nowadays large integrated companies are of great importance for the Russian economy. They are present in all major Russian industries: iron and steel, oil and gas, chemical, etc. There are about ten of such companies in the ferrous metallurgy sector. The assessment of development trends of metallurgical holding companies plays a major role, as it helps to identify problems and possible ways of their solution. Despite the increase in production costs the net profit in three companies has increased in 2014 due to the cost cutting by 1 ruble of sold products, leading to an increase in return on sales. In addition, we can conclude about complexity of the analysis on work of groups, as in the financial statements available to the public there is a different set of data. This fact does not contribute to making effective managerial decisions. Therefore, it's required to develop standard criteria for evaluation of corporate structures.