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Finance and Statistics - Kovalev AM

13.2 Priorities for development and state support of financial and industrial groups

PPG especially in comparison with other groups is their focus on certain priorities for industrial and social policy and a legal right to receive state support measures, expressed in a number of benefits. In general, the three types of priorities can be allocated among the general directions for the formation of financial-industrial groups:

• relating to the selective structural policy;
• regarding ways to organize, forms and methods of operation of the FIG;
• regional, inter-regional, inter-republican and transnational priorities.

The priority areas defined by the structural policy in the industry are, for example, new technologies enhance oil and gas recovery reservoir; conversion of defense enterprises to produce resource-saving and import-substituting types of engineering products, production of competitive aerospace, electronics, electrical, shipbuilding, automotive products, production of heavy and transport engineering, communications, telecommunications and informatics, and others.

The priority should be the design of FIGs that enhance the interest included in their financial and commercial structures in investing in the stabilization and increase in production, satisfaction and stimulation of demand, the combination of the interests of large and small-scale producers in the implementation of joint activities, the creation of a competitive market environment and counteract the formation of monopolies .

Finally, priorities in the regional aspect should be the creation of financial-industrial groups, both regional and inter-regional in regions with a diversified economic structure, as well as FIG contributing to the reconstruction and development of cost-effective cooperation relations with economic entities of countries - the former Soviet republics.

In accordance with the Federal Law "On the financial-industrial groups" among the main measures of the state support for their activities primarily include:

in the possibility of offsetting debt PPG party, whose shares realized on the investment tenders (auctions), in the amount stipulated by the terms of investment tenders (auctions) of investment for the buyer - the central company of the same financial-industrial group;

® to provide participants with FPG right to determine the terms of equipment and related accumulated depreciation of depreciation with the direction of the funds received on the activities of FPG;

® transfer in trust management of the central company PPG temporarily assigned to the state blocks of shares of the participants of the financial and industrial group;

® to provide government guarantees to attract various types of investment;

® to provide investment loans and other financial support for the implementation of PPG projects.

In addition, the Central Bank of the Russian Federation may be granted to banks - participants PPG, carrying in her investment, the benefits of a reduction in reserve requirements, changes in other regulations in order to increase their investment activity.

In accordance with the Presidential Decree "On measures to encourage the construction and operation of financial and industrial groups," state unitary enterprises participating PPG authorized to make, as a contribution to the authorized capital of the central enterprises real estate located in their economic management and are federal property, rent central Company is a property and give it as collateral. Financial and industrial groups are able to perform a reliable pillar of the state at the exit from the crisis, restructuring, improving the competitiveness of the national economy, but for this integrated framework should become a priority of state policy that involves the development of measures of state support systems designed and produced by financial and industrial groups . This is primarily the expansion of the complex variety of incentives, including tax, investment and depreciation, credit, foreign trade, as well as incentives for priority inclusion in FIGs federal programs and priorities of the Group's contracts for the supply of goods for the federal needs.