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Investment attractiveness of the forest sector in Russian Federation

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Published under licence by IOP Publishing Ltd
, , Citation A Panytin et al 2020 IOP Conf. Ser.: Earth Environ. Sci. 574 012059 DOI 10.1088/1755-1315/574/1/012059

1755-1315/574/1/012059

Abstract

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.

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10.1088/1755-1315/574/1/012059