Kalyuzhna I. The study of the modern condition of machinery construction enterprises crisis management

Abstract

The article considers the causes of the crisis in engineering and investigated the current state of crisis management of enterprises. The main causes of the crisis are lack of capital and technologies, poor access to credit and high interest rates, an undiversified export orientation to foreign markets, reducing foreign supplies of raw materials energy, intermediate goods and components for entering cheaper and high-quality imported products in the market and as a result decrease of production. The functions of crisis management at the engineering enterprises closely connected with provision of balanced movement of material and financial resources of the enterprise at all stages of production, distribution function, control of actual monetary turn and the formation of the financial capital of the company, using methods of financial analysis and financial forecasting. The author reviewed the latest engineering complex’s research by the Institute of Economic Research and Policy Consulting in Ukraine and identified three options for crisis management. There are a policy of "non-interference", the strategy of "conservation" and modernization. The cardinal measures of crisis management engineering enterprises can be: improving the investment attractiveness of enterprises; searches for new ways of profitable crediting; implementation of modern technologies in the management and production; product diversification; search for new customers at the regional level for stabilize the work of engineering.