Financial and economic analysis of industrial production of the region
Abstract
Theoretical justification of the restructuring process, revealing its regional features and improvement of mechanisms for its implementation in the regions. The economic content of the concept of restructuring is defined; development of scientific approaches, practical suggestions and recommendations on improvement of the enterprises restructuring mechanisms in the regions. At the same time, the more recent and more universal conceptions of restructuring have been undermined by new research that has not been fully implemented into production, with management requirements or the current level of technology and technology. For group financially sustainable businesses, it is advisable to do a quick or partially strategic restructuring. Restructuring at the level of individual regions means optimizing their economic potential and resource mobilization, mitigating the social and economic tensions in the region, eliminating environmental tension, and making optimal structural changes. Often, due to the changing internal and external factors in the regions, there is a decline in production competitiveness, a decline in the market share of enterprises, and a decline in profitability. The policy of restructuring should be implemented step by step, based on a differentiated approach, based on the financial and economic performance of enterprises in the regions. At the same time, the results of each of these activities should be regularly monitored and monitored. In this regard, it is proposed to improve the practice of conducting the “technical audit” in our country and to carry out this practice not only in the area of networks but also in the regions.