Strategic perspectives in the coal industry of the Russian Federation

Abstract

The article is devoted to the analysis and defi nition of priority strategic directions of development of the coal industry of the Russian Federation in conditions of instability and sanctions pressure. The authors present scientifi c grounds for methodological approaches to strategic management of the coal industry of Russia that would ensure a strategic breakthrough in development in the long term in the current crisis conditions. Working out the key government strategic decisions should affect fi scal, investment, technological and foreign trade strategies. The authors justify the necessity of changes in the legal regulation concerning the improvement of the mechanisms for providing preferential trade fi nance conditions to enterprises and the opportunity of the presidency of trading companies in the zones with a special administrative regime. It is recommended that the approach to taxation of ship chartering services should be simplifi ed, and the distribution of freight capacity to the ports of the Far East and increase of the processing capacity of such terminals to the actually confi rmed capacity should be consolidated by the Government. It is suggested that the logistic ship traffi c chains should be redirected to the eastern ports, i.e. the ports of the Asian Pacifi c market. It is regarded as strategically important to extend the regime of territories of advanced development, which have justifi ed the possibility of effective development of the region, for the resident manufacturers of coal products who have confi rmed their effectiveness; to provide the coal mining companies with the opportunity of gaining the priority right to use mineral resources in license areas adjacent to its own facilities. It is essential to ensure system government support of scientifi c developments in improving the means and methods of geological exploration. Implementation of the suggested strategic perspectives in coal industry will ensure sustainable development of coal mining companies in the long-term perspective. Further research should be directed towards the search for mechanisms of identifying the most effective strategies of development of coal mining enterprises in unstable conditions.