Investment attractiveness of the forest sector in Russian Federation

Forests are called the lungs of our planet, and most of the forest reserves are concentrated in Russia. Today, Russia has one-fourth of the world's timber reserves. At the same time, the country does not occupy the first place in the global market of wood products. The share of the forest indus...

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Bibliographic Details
Published in:IOP conference series. Earth and environmental science 2020-10, Vol.574 (1), p.12059
Main Authors: Panytin, A, Tereshchenko, S, Polyanskaya, O, Shaitarova, O, Mushkarova, O
Format: Article
Language:English
Subjects:
Attraction
Economic conditions
Forests
Global marketing
Industrial production
Nature reserves
Timber
Wood products
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Summary:Forests are called the lungs of our planet, and most of the forest reserves are concentrated in Russia. Today, Russia has one-fourth of the world's timber reserves. At the same time, the country does not occupy the first place in the global market of wood products. The share of the forest industry in the country's entire industrial production is less than 4%. Russian forest industry enterprises are characterized by low efficiency, which in turn affects the economic performance of enterprises and does not generally meet the economic interests of the state. In modern business conditions, industry is interested in introducing new innovative technologies, products and, therefore, requires investments. The analysis of the situation in the Russian forest sector from investment attractiveness is made in the article. Conclusions about the investment attractiveness of the forest sector in Russia are formulated.
ISSN:1755-1307
1755-1315
1755-1315
DOI:10.1088/1755-1315/574/1/012059