Research of Processes for Ensuring Balanced Development o

Abstract

The article defines that the global trend in the development of the world economy is the concept of balanced growth, which is based on the integration of social and environmental aspects of business entities in their economic policy and ensuring the sustainable development of economic agents on this basis. Currently, the key imperatives for the development of business entities are socially responsible management, socialization of labor relations, and greening of economic activity, which requires consideration when developing strategies and programs for the development of business entities. Strategic initiatives for the balanced development of the state and regional levels are considered. The achievements of railway transport enterprises to ensure their sustainable development, in particular in the aspect of achieving the UN sustainable development goals, are studied. It is revealed that the implementation of the principles of sustainable development in railway transport enterprises faces a number of challenges caused by long-term ignoring of urgent problems of the functioning of enterprises in the industry. The study of the current state of railway transport enterprises made it possible to identify and systematize the disproportions of their development in the context of economic, technical, social and environmental components. It details the disproportions in the functioning of railway transport enterprises and reflects their quantitative manifestations in the dynamics of the last five years. It is noted that overcoming the identified imbalances requires an integrated approach to ensuring the sustainable development of railway transport enterprises in the context of such components as economic, technical, social and environmental. It is proved that ensuring a balanced development of railway transport enterprises will ensure the development of competitive client-oriented business entities adapted to the new dynamic challenges of the global competitive market. It is stated that the directions and tools for achieving a balanced development of railway transport enterprises should be determined in terms of overcoming economic, technical, social and environmental imbalances in their functioning.