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Profit Formation Stages In A Coal Enterprises

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  • Zh. K. Galiev
  • N. V. Galieva

Abstract

The Russian government is up to update the program for the development of the coal industry until 2030. Among the expected results :an increase of the average annual coal reserves from the current 380 to 530 mln t. New capacities will be introduced ( 505 million tons altogether.), the existing ones will be modernize (about 370 million tons.). The article discusses the economic conditions (steps) for increasing revenues of a coal company. The histograms of the frequency of coal mining in the mines and pits in Russia, the dynamics of the coal industry activity for the years 2009-2013 are presented. The paper presents a rationale for appropriate relationship between different indicators of growth rates: between labor productivity and product unit costs; between coal production volume and the labor productivity; between revenue from sales and general costs of production; between profit and revenues from the sale of coal products.Â

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  • Zh. K. Galiev & N. V. Galieva, 2015. "Profit Formation Stages In A Coal Enterprises," Russian Journal of Industrial Economics, MISIS, issue 3.
    • Handle: RePEc:ach:journl:y:2015:id:223
    DOI: 10.17073/2072-1633-2014-3-70-74
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