Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)

Development Trends and Factors Affecting the Financial Performance of Food Industry

Authors
Natalya Solovjeva, Igor Karachev, Inna Shapovalova, Victoriya Shved, Ekaterina Dombrovskaya
Corresponding Author
Natalya Solovjeva
Available Online 17 December 2020.
DOI
10.2991/aebmr.k.201215.014How to use a DOI?
Keywords
financial result, factor analysis, food industry, sales profit, bakery products
Abstract

The article examines the activities of the food industry, which produces and sells products necessary for the livelihood of its citizens. Trends in the development of the food industry are considered and factors influencing the main indicators of organizations in the food industry are identified. These factors are improving the quality and quantity of food products, paying attention to the growth of population demand for food products, attracting investment funds, implementing customs and tariff regulation measures, developing the raw material base, applying innovative technologies and developing technical regulations to improve the quality of products. Indicators of the development of the food industry and the processing industry of the Russian Federation for the period 2013-2020 are analyzed in detail. Dynamics of growth in the volume of production and processing of the food industry by 2020, as well as fluctuations in the total level of GDP of the Russian Federation in billion rubles are evaluated.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 December 2020
ISBN
10.2991/aebmr.k.201215.014
ISSN
2352-5428
DOI
10.2991/aebmr.k.201215.014How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Natalya Solovjeva
AU  - Igor Karachev
AU  - Inna Shapovalova
AU  - Victoriya Shved
AU  - Ekaterina Dombrovskaya
PY  - 2020
DA  - 2020/12/17
TI  - Development Trends and Factors Affecting the Financial Performance of Food Industry
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 66
EP  - 69
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.014
DO  - 10.2991/aebmr.k.201215.014
ID  - Solovjeva2020
ER  -