Strategies for ensuring the financial stability of domestic industrial enterprises under sanctions

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The relevance of this article is felt more acutely every day, because economic sanctions have a significant impact on Russian industrial enterprises, forcing them to revise their strategies and adapt to new realities. In the context of restrictions and sanctions pressure, the need to develop effective approaches to ensure financial stability becomes vital. To achieve the set objectives, a variety of research methods were used. First, the current literature was analyzed to identify the main trends and approaches in the field of financial stability under sanctions. Then, the impact of sanctions on Russian industrial enterprises was assessed, as well as their reaction to the restrictions. The study is also supported by analyzing case studies of measures applied by Russian enterprises to ensure sustainability. This approach provides readers not only with theoretical information, but also with practical skills and insights that can be very valuable in a real business environment. Special attention is paid to alternative strategies such as diversifying markets, developing domestic production and finding new financial instruments. Specific examples are given of measures that businesses can take to ensure sustainability, including finding alternative suppliers and markets, using parallel imports and optimizing supply chains. The study provides not only an analytical overview of the current situation, but also practical recommendations for managers of industrial enterprises. It helps them to make more informed decisions in the face of sanctions challenges, seeking to ensure financial stability and development of their organizations. Overall, the article provides valuable information for those who are looking for ways to overcome sanctions difficulties and manage effectively in a challenging economic environment.

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Sanctions, financial stability, industry, imports, exports, economy, ukraine, west

Короткий адрес: https://sciup.org/14129535

IDR: 14129535   |   DOI: 10.47629/2074-9201_2023_4.1_62_73

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