FINANCIAL CONDITION OF OIL ENGINEERING ENTERPRISES IN THE INTEGRATION PROCESS

Abstract

The object of the study is the oil engineering enterprises, which have a great potential for innovative growth and solving the state problem of import substitution, and at the same time significant financial problems. The subject of this study is the results of the analysis and assessment of the financial condition of enterprises that are part of vertical and horizontal integration structures. The purpose of the study is to assess the financial condition of enterprises before and after integration with other organizations. Objectives: selection of methods and analysis of the financial condition of enterprises at various stages of development and stages of the life cycle, comparative characteristics of the level of financial condition in vertically and horizontally integrated companies. The study confirmed the hypothesis that the level of the financial condition of an enterprise that is part of the integration structure is significantly lower than before the start of integration processes, and vertically integrated companies have an advantage over horizontally integrated ones in financial terms.