Survey: heads of industrial enterprises in the near future expect growth in production and profit

The heads of industrial enterprises expect an increase in production and profit. This is evidenced by the results of a market survey conducted by the Research Economic Institute of the Ministry of Economy in September, the press service of the department reported.

According to the study, 68% of managers reported increasing or maintaining output, 73% of respondents noted growth or stable dynamics of demand. The level of utilization of production capacities on average in industry is 69%. The average period of delivery remained at 2.9 months. Approximately 35% of the study participants noted a trend towards a decrease in inventory.

The majority of respondents - 73% - record the preservation of the number of employees in enterprises, 13% - its increase.

The forecast of investment activity remains positive. Its growth in the next three months is expected by 20% of managers, 70% - maintaining the current dynamics. Among the areas of capital use, renovation (76%) and expansion (33%) of production capacity are leading. 20% and 16% of companies invested in resource saving and reducing labor costs, respectively.

In the short term, almost half of top managers believe that the current level of demand will continue, a third of respondents spoke about its growth. The preservation of industrial production is planned by 46% of managers, an increase in output - 36%, 34% - profit growth.