10.10.2023, 07:36
The share of Russian companies affected by sanctions has been named
Source: OREANDA-NEWS
OREANDA-NEWS International sanctions have affected at least two-thirds of Russian companies. 53 percent of domestic firms and enterprises felt the negative effect of Western restrictions, and only seven percent of the country's companies positively assessed the impact of sanctions, Kommersant reports, citing the results of a study by Yuri Simachev, director of the HSE Center for Structural Policy, and his deputy Mikhail Kuzyk.
The experts presented four models of adaptation of Russian firms to international restrictions. The first one was called restrictive and meant reducing costs, investments, employees, and the range of goods and services. Such a model has become characteristic primarily for non-innovative companies. The second model of behavior assumed redirection of investments and simplification of products. At the same time, the firms that chose this strategy of adaptation to sanctions did not reduce the total volume of cash injections.
The third strategy included the diversification of logistics routes, the search for new suppliers of raw materials, materials and components. This model was mainly used by companies with foreign participation, which were deeply integrated into global chains. The fourth option of adaptation to international sanctions included the development of new products and technologies, the introduction of digital solutions, as well as the attraction of qualified personnel and the search for new markets. At the same time, the latter model led to increased interaction of the companies that chose it with the state.
The experts presented four models of adaptation of Russian firms to international restrictions. The first one was called restrictive and meant reducing costs, investments, employees, and the range of goods and services. Such a model has become characteristic primarily for non-innovative companies. The second model of behavior assumed redirection of investments and simplification of products. At the same time, the firms that chose this strategy of adaptation to sanctions did not reduce the total volume of cash injections.
The third strategy included the diversification of logistics routes, the search for new suppliers of raw materials, materials and components. This model was mainly used by companies with foreign participation, which were deeply integrated into global chains. The fourth option of adaptation to international sanctions included the development of new products and technologies, the introduction of digital solutions, as well as the attraction of qualified personnel and the search for new markets. At the same time, the latter model led to increased interaction of the companies that chose it with the state.
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