ECONOMIC JUSTIFICATION FOR CONSTRUCTION OF A MAINTENANCE DEPARTMENT AT AN AUTOMOBILE OPERATING COMPANY
https://doi.org/10.57070/2304-4497-2024-1(47)-171-177
Abstract
Today enterprises face a great number of difficulties and uncertainties. Competitiveness becomes a key concept for maintaining position on the market and development of the organization. To increase its competitiveness company needs to modernize, innovate as well as periodically update, expand the range and improve the quality of its products and services. Priority growth area of the company's development is investing in its own production. In this paper, the authors give the economic justification of the investment project for the construction of a workshop for the repair of fuel equipment at the motor transport company LLC Avtokolonna 2015. This organization provides services for the provision of quarry dump trucks used for transporting rock mass in the technological process, mainly it is a contractor for open-pit mining operations on the territory of LLC Resurs. The plans include repairs of fuel equipment for BelAZ, CATerpillar and Terax dump trucks. The priority is to provide repair services to enterprises of their own business, companies belonging to the association Avtokolonna 2015 LLC, which currently has 19 organizations. These enterprises are associated with open-pit mining and quarrying equipment. At the same time, entering the foreign market provides additional prospects for development and improvement of the financial and economic indicators of the organization. The volume of capital investments in the project is about 5.6 million rubles. Taking into account the provision of fuel equipment repair shop services to third-party organizations, the net profit for the project is expected to be 1.69 million rubles, the profitability of the project is 30.2 %, and the discounted payback period is 4.5 years.
About the Author
Andrei A. Tishevskii
Siberian State Industrial University
Russian Federation
Russian Federation
Master's Degree Student
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Review
For citations:
Tishevskii A. ECONOMIC JUSTIFICATION FOR CONSTRUCTION OF A MAINTENANCE DEPARTMENT AT AN AUTOMOBILE OPERATING COMPANY. Bulletin of the Siberian State Industrial University. 2024;(1):171-177. (In Russ.) https://doi.org/10.57070/2304-4497-2024-1(47)-171-177
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