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Problems of functioning of the concern «Belgospischeprom» and measures taken to overcome them

 

DOI: 10.34130/2070-4992-2021-1-2-226

Full article  (in English English (United Kingdom))

Gerasenko A. V. – Head of the Department of Legal and Personnel Work, Belarusian State Concern of the Food Industry «Belgospischeprom», Minsk, Republic of Belarus,E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The article is devoted to the identification of a number of major problems in the work of the Belarusian State Concern of the Food Industry «Belgospischeprom» that distract significant financial costs from the investment policy.
The purpose of the study is to identify and group the main problems that hinder the work of the concern «Belgospischeprom», to propose ways to solve them.
Methodology: description, analysis, synthesis, systematization, statistical, graphic, deduction, induction and more.
To achieve this goal, the most significant (4 groups) obstacles were identified that hinder the progressive development of the concern and require significant «injections» of financial resources, as well as immediate, joint actions with the Government of the Republic of Belarus to resolve them, including: joining unprofitable agricultural organizations to organizations that are part of the Belgospischeprom concern, significant debts of agricultural organizations of the republic, double subordination of hotel organizations that are part of the Belgospischeprom concern, aggressive activities of transnational corporations. The measures taken by the management of the concern «Belgospischeprom» are described.
Results of the work - problems in the work of the concern were identified and disclosed, the degree of their influence was assessed, measures were proposed to overcome them.
The area of ​​application of the results is the sphere of public administration.
Limitations and directions of future research: within the framework of this work, the analysis of problematic issues is based on the use of data from the departments and departments of the Belgospischeprom concern. A deeper study of the present and anticipation of the emergence of new problems requires the improvement of existing management methods. In this regard, an urgent direction for further research is the improvement of methods for analyzing possible negative consequences for the economy of the concern and the development of new, more effective measures based on existing measures to overcome them.
Conclusions. Currently, the food industry of the republic, including the activities of organizations that are part of the Belgospischeprom concern, is subject to serious risks, especially from transnational companies, which, having huge financial resources entering our market, dictate the “rules of the game” on the market and displace domestic manufacturers. The organizations of the concern are most strongly influenced by such strategic industries for the republic as tobacco, sugar, alcoholic beverages, confectionery, oil and fat, as well as the industry of baby food.

Key words: risks, transnational corporations, agricultural organizations, industries, politics, subordination.

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For citation: Gerasenko A. V. Problems of functioning of the concern «Belgospischeprom» and measures taken to overcome them // Corporate Governance and Innovative Economic Development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Investment of Syktyvkar State University. 2021. Vol. 1, issue 2. Р. 226—234. DOI: 10.34130/2070-4992-2021-1-2-226.