THIRST OF INVESTMENTS.
THIRST OF INVESTMENTS.
Management of Northeast district together with
Regional branch of the Federal commission on the market of the valuable
Papers in the Central federal district has spent on
kozhgalanterejnoj to factory "Medvedkovo" exit board, in
Which representatives more than 100 enterprises have taken part
Districts. Action has been devoted a vital topic -
To attraction of investments into real sector of economy and in the first
Turn for updating of a fixed capital.
The city program on a conclusion of the capital enterprises on
The share market gradually grows. About it it is evident
Says that were engaged in this important process already capital
Prefectures. A management of Northeast district (SVAO) the first
Has declared that it is interested in development of the enterprises,
Located in its territory. Though the district also is not
Administratively-economic education (while in a city
The uniform budget - city), but nevertheless prefect SVAO
Irina Raber has precisely noticed: will be strong and prospering
The enterprises is will positively affect on
Social and economic life of district which is a part
A single whole - Moscow. And this part is rather appreciable. In
Northeast district live 1 million 135 thousand persons
(Number, as in a large city of the Western Europe), the area
10,190 thousand in hectares. Here it is located 647 large and average
The enterprises, and the first concerns 97. Work in SVAO
Such "gradoobrazu-jushchie" the companies, as the Ostankinsky dairy
Combine, meat, grain combines, pivza-waters.
Mental potential make 56 scientific and design
The organisations. In service sphere 27 hotels operate. Group
Small-scale business make 16,5 thousand firms, from which 1500 -
The industrial.
Apparently, the district economy is impressive, but as has noted
The assistant to prefect SVAO Vladimir Silkin, in it are inherent
Tendencies, characteristic for an economic situation as in
To Moscow, and in all Russia. First of all practically
The factor of August crisis of 1998 is settled, after
Which many domestic enterprises have managed to revive
Thanks to sharp reduction of import. However for any
Revival, especially long-term, the constant is necessary
Investment feed. And here from it also there were problems. On
To words Silkina, on 90 % manufacture updating in district followed
The bill of own means of the enterprises, volume of credit resources
Has made no more than 7 %. For last years volume of investments
Has made 2 billion 850 million roubles that is obviously not enough so
As, first, it is necessary to update a fixed capital seriously.
Their deterioration on the average on district makes 54 %. Secondly, for
Successful struggle against import it is necessary to reduce cardinally
resursoemkost and energopotreblenie on manufacture, and for
It the big money is necessary.
How to satisfy thirst in investments to the capital enterprises?
To this question also was, actually, the exit board is devoted.
The way is known for all - to take the credit in bank. But it possesses
Apparent defects. Banks give money for a short while, on the average not
Longer, than for 9 months, in addition they also are expensive enough.
The Moscow government together with Regional branch
The Federal Commission on Securities of Russia in TSFO offers other, more effective way
- To involve investments in the share market by release
Corporate bonds. Advantages as spoke
Acting, are obvious - from the market it is possible to involve means on
Long term, since one and a half-two years, under the comprehensible
Percent. Besides the enterprise-borrower does not depend any more from
One creditor, can build tactics in the market, to
To example buying up the bonds even before their official repayment
It is etc. important to notice, that placing of the bonded
Obligations does not create threat of loss of the control over
The enterprise unlike job with actions.
And to the enterprises which namereny to enter the market of the valuable
Papers, are ready to help all. The Moscow government -
Money, Federal Commission on Securities together with professional participants -
Consultations, business project study, the organisation
Release of bonds. However the help does not carry character "have chewed
And in a mouth have put ". The enterprise most needs to develop
The real business project in which it will be proved, that it
Will make good profit. According to a deputy head
Capital Department of a science and industrial policy Dmitry
Nikanorova, the Moscow authorities are ready to give
The irrevocable grant for indemnification of a part of the rate on
To bonds (to 2/3 from the rate of refinancing of the Central Bank) if will be
Clearly, that business project realisation will bring notable inflow
Money in capital treasury - not less than 1,5 roubles on 1 rouble
The enclosed city means. If the project is expected not so
"Rich" and in this case not all is lost. Then, marks
Nikanorov, Moscow is ready to offer the credit for the returnable
To basis. Thus any payments on it during first time not
Are carried out. The city waits, when the business project will gain in strength,
And then there is a calculation under the credit. Such position quite
It is reasonable. As speaks Dmitry Nikanorov, the Moscow authorities not
Altruists and to distribute money simply so are not going to.
Besides the monetary help the organizational is very important
Support. The services many are here again ready to render
The professional participants working in the share market. To
To example, in fight the commercial banks which especially have not succeeded are torn
In crediting of real sector. As has told on board
The president of Association of Russian banks Garegin Tosunjan, banks
Can qualitatively carry out functions of advisers,
anderrajtera - the organizer of placing of bonded issue,
The payment agent, marketmejkera - the organizer of the market debt
Obligations of the concrete enterprise. According to Tosunjana, in
The next years necessarily there will be a blossoming of the bonded
The market in capital region and who the first leaves on it,
That "will skim good cream", including banks.
The market is a crossroads of a supply and demand. Demand is -
Investments, and what with the offer are necessary to the enterprises? And it
Is. In the country the insurance "suffer" from surplus of the capital
The companies, pension funds, the investment companies, the same
Banks. It is impossible to forget and about savings of the population, which
Many dream to transform into high-grade investments. As
The director of "Management-centre" Sergey Mihajlov, now has noted
Investors hunt for securities of the good literally
The enterprises. Who concerns them? Certainly at what
That's all right on a field of economic-financial activity. But
One more important detail - it is necessary to be information the opened. In
This case investors understand, where they put the
Money, knows company prospects - the emitter of bonds.
Therefore Sergey Mihajlov considers, that in the program on a conclusion
The enterprises on the share market it is necessary to give special attention
Information component, and that while the Moscow
The industry in many respects represents a bastion, to which
It is difficult to steal up.
The second important condition for success in the share market:
It is desirable for enterprise-emitter to provide the loan or
Pledge, or progarantirovat it in bank. By words
Mihajlova if the loan has a guarantor trust to bonds
Sharply raises. And at last, the third. To let out bonds,
To work on a securities market is a whole way of life, instead of
The disposable action. Once having entered the market, to the enterprise
It is desirable there and to remain, thereby forming the positive
Public credit history.
Let's address again to Northeast district - what of
The enterprises located in its territory, can conduct
Market way of life? Unfortunately, while the few. In
The majority of the enterprise live absolutely in other measurement.
The chairman of Regional branch of Federal Commission on Securities of Russia in Central
Federal district Jury Sizov has cited following data: from 9
Thousand the joint-stock companies registered in SVAO, really
Conduct 3,5 thousand economic activities. From them only 1,4
Thousand have registered primary release of securities,
That is at two thirds under the law all transactions with actions are
The void. Jury Sizov considers, that such situation
Is a mine of the slowed down action. The whole was already formed
Business on capture of the enterprises, and through observance
Legislations. Therefore, chairman RO has underlined Federal Commission on Securities, with
On July, 1st this year commission branch together with Office of Public Prosecutor
Cities starts to be engaged in the enterprises, which not
Have registered release of the actions, namely to raise
Administrative affairs and to fine them.
The second important point, Jury Sizov, much marks
The enterprises need to be engaged in reduction of the authorised urgently
Capitals in conformity with actives. Repeated excess
The last over authorised capitals leads to buying up threat
The enterprises practically for nothing. Jury Sizov speaks about that,
That buying up - not the individual phenomenon, people leave actions
This or that company, simply not knowing true cost
Securities.
Thus, it is necessary to the majority of the enterprises at first
At least to master science elements under the name, "a life in the market
To economy "and to learn to observe at least two laws -
"On joint-stock companies" and "About a securities market". In the such
Situations the exit board has appeared rather useful to all.
Representatives present on it more than 100 enterprises
SVAO have learnt a lot of valuable, including about a securities market.
Certainly, is in district both the "advanced" companies, and real
Business projects. For example, a management Northeast
Districts namereno to assist in advancement on the share market
Three large projects. According to Vladimir Silkina, the first - in
The furniture branch, the second - attraction of investments in
Hotel business, namely in hotel reconstruction
"Ostankino", and the third - the business project in recreational sphere.
Also the prefecture will take part in creation of the noncommercial
Partnership of industrialists and businessmen, business club
Nearby to the Riga station and the trading house. And in Marinoj
To grove it is planned to construct the centre on 30 thousand sq. metres for
Supports of small and average business.
Sergey OSIPOV.
//* an information Source: Tver, 13, 9.07.02
//* Reg. Nom. - 1120700036.27-------------------------------------------
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