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Abstract. The article deals with the conditions of the sugar market in the Russian Federation and its regulatory methods. These methods determine the efficiency of the sugar beet growing branch and the sugar industry. To solve the problems of the domestic sugar market it is necessary to improve its organisational and economic mechanisms and pay attention to interbranch relations between all elements of the production chain of the sugar beet subcomplex. The aim of this investigation is to estimate the current condition of the domestic sugar market and reveal effective ways of its development, which will promote good food supply security related to the domestic sugar and sugar-containing production and increase the effectiveness of entities of the sugar beet industry. The investigation shows that the implementation of the national project and various programs in the agricultural sector has reduced the share of produced sugar materials by 10% due to imported raw. Sugar beet production is the most profitable direction in agriculture per 1 ha of agricultural crops. Under the favorable price environment, sugar beet growers can quickly increase their gross yield. However, sugar produced from sugar beet by Russian factories can be competitive due to import duties and direct state support of sugar beet growers. This is due to natural factors determining the advantage of sugar beet at a higher level of productivity and sugar content. The reduction of loss in production contributes to the growth of competiveness of domestic sugar, the improvement of storage and transportation of beet sugar can be done due to the reclamation of material and technical resources of the transport and storage sectors. The Customs Union enables Russia to increase export potential of sugar and sugar-containing production forming a favuorable price environment for sugar producers by the redevelopment of surplus. Another way to increase the capacity of the sugar market is the intensification of the growth of manufacturing output of sugar-containing products, the share of which is 40% of the sugar consumed in the country. Realisation of investment projects determining the growth of manufacturing output of sugar-containing products should be carried out comprehensively with the modernisation of production infrastructure of the sugar beet subcomplex. The success of this depends on the effective state regulation of innovative and investment processes in terms of setting-up a favorable investment climate for businesses. It includes the preferential level of rate per cent for a period of scientific and production cycle in the branch. Зюкін Д. О. кандидат економічних наук, старший викладач, Курський державний медичний університет, Курськ, Російська Федерація Святова О. В. доктор економічних наук, професор, Курська державна сільськогосподарська академія імені І. І. Іванова, Курськ, Російська Федерація Солошенко Р. В. доктор економічних наук, професор, Курська державна сільськогосподарська академія імені І. І. Іванова, Курськ, Російська Федерація Стан і пер...

The article considers the problem of the functionality of existing bankruptcy forecasting models for the pharmaceutical industry, the significance of which is due to the strategic role of this industry in ensuring drug safety in Russia. In conditions of import dependence, it is possible to increase the competitiveness of domestic enterprises by investing in it, which actualizes the task of increasing their investment attractiveness, one of the main elements of which is long-term and predictable financial stability. The study shows that today the assessment of financial stability and the likelihood of bankruptcy is possible only on the basis of generalized models of domestic and foreign authors, which in general give ineffective results. This is due to the fact that standard models do not take into account the industry specifics of the enterprises in question, and therefore are not able to reliably determine the presence or absence of a threat of insolvency. An important direction in the development of the pharmaceutical industry of the Russian Federation in the current environment is the search for effective tools for economic analysis and the development of the correct adapted methodology for predicting the probability of bankruptcy.

The grain economy of Russia has now reached a new high level of development, providing ample opportunities for the expansion of Russian grain to the world market. The research reveals the following main threats to further strengthening the position of Russian wheat in the world market: instability of yields and inappropriate production and logistics infrastructure, which determines overestimated transaction costs and low flexibility of supply. The article analyzes the structure of importers of Russian wheat to characterize the instability of the world wheat market and high competition on it. The aim of the research is to form key directions for ensuring the sustainability and efficiency of wheat exports. The development of the grain product subcomplex of the Russian agro-industrial complex is presented by the authors from the position of priority in ensuring the food security of the population by fully meeting the needs of the domestic market, while exports are assigned the role of an instrument for regulating the grain market. Increasing wheat exports is not a priority for the development of grain farming; however, under the current conditions, this is the main incentive for increasing grain production and a way of obtaining foreign exchange income for agrarians. In this regard, it seems necessary to increase the regulatory role of the state in managing the country's grain balance and intensify investment processes in the industry through improving the country's fiscal and monetary policy in relation to the agricultural sector.

The article discusses the development of wheat export, which is the main grain crop in the structure of production and export of Russia. The record crop of grain crops in 2017 provided a good basis for the activation of Russian grain exporters in the world market. An analysis of geographical areas by source of grain export showed that crop growth allowed Russia to become a leader, as the main North American and European competitors experienced certain difficulties that led to a reduction in their export potential. The main geographical areas in which there is an increase in demand for wheat are the countries of Africa and Asia, whose population needs a more affordable form of food, which have become the main importers for Russian wheat along with Egypt and Turkey. Russia mainly exports low-grade wheat of the 4th and 5th grade; therefore, such wheat at a lower price and relatively high level of protein content is competitive in a number of foreign markets. The key problems for the export of Russian wheat are unstable gross grain harvests in Russia, which determine the search for innovative-intensive methods of increasing the yield and its stability, and the development of transport and logistics infrastructure. It is necessary to increase port capacities due to the Baltic and Far East directions in the context of political contradictions between Russia and Turkey and expanding the geography of wheat supplies to Africa and Southeast Asia for Russia makes sense. This will not only increase the competitiveness of exports, but also create additional incentives to increase grain production in a number of regions of the country remote from the Azov-Black Sea ports.