Civil and industrial construction markets in Russia : analysis of investment prospects and risks
Fedorov, Konstantin (2024)
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024102926991
https://urn.fi/URN:NBN:fi:amk-2024102926991
Tiivistelmä
Since the outbreak of the Russian-Ukrainian war in 2022, the Russian construction market has experienced significant fluctuations, exacerbated by problems that arose during the 2019 Covid-19 pandemic, which disrupted labor and resource supplies. In addition, internal factors such as mobilization and inflation have further destabilized the market, leading some experts to foresee stagnation as a possible outcome. Given the important role of the construction market in the economy, these developments are of great interest to current and potential market participants.
The purpose of this thesis was to study the civil and industrial construction market of Russia in terms of those events that have a significant impact on the industry, to analyze these phenomena using relevant theoretical practices and concepts, and finally, based on the analysis of the prospects and risks associated with the development of the two markets, to draw a conclusion about which of the two industries is better for companies to invest their resources in. The research used excerpts from studies, articles, opinions of other authors, statistical data from authoritative sources, and comments from an expert interview conducted with the head of a company working in the construction industry.
The results of the study demonstrated that the industrial construction market, due to the increased need for import substitution and the establishment of trade relations with Asian countries, is the most promising direction, while the civil construction market has shown the least long-term resistance to inflation and the demographic crisis, and therefore investing in this direction will be associated with greater risks.
The purpose of this thesis was to study the civil and industrial construction market of Russia in terms of those events that have a significant impact on the industry, to analyze these phenomena using relevant theoretical practices and concepts, and finally, based on the analysis of the prospects and risks associated with the development of the two markets, to draw a conclusion about which of the two industries is better for companies to invest their resources in. The research used excerpts from studies, articles, opinions of other authors, statistical data from authoritative sources, and comments from an expert interview conducted with the head of a company working in the construction industry.
The results of the study demonstrated that the industrial construction market, due to the increased need for import substitution and the establishment of trade relations with Asian countries, is the most promising direction, while the civil construction market has shown the least long-term resistance to inflation and the demographic crisis, and therefore investing in this direction will be associated with greater risks.