The Rationale for the Implementation of Investment Projects of the Fuel and Energy Complex Enterprise

Abstract

Currently, many companies pay special attention to the organization and implementation of activities within the framework of their developed investment policy, as they see their responsibility in maintaining the stability of the development of the state’s fuel and energy complex. The leaders in the volume of investment in the national economy are industry enterprises with activities associated with risks to human health and the environment. They support directions related to everyday areas of society, such as health care, sports, education, culture, and relevant to their professional activities. Socially-oriented projects are based on the attributes of industrial companies: a significant spread of subsidiaries across the Russian Federation, the age structure of personnel, the presence of subdivisions in the areas of nutrition, medical care, and health and recreation and cultural institutions, etc. The support of many social investment projects by the oil and gas company allowed the authors to consider the problem of effective implementation of social programs. The authors systematized the procedure for assessment of investment projects by calculating the integrated index, considered various methods of transformation and aggregation of indices, and formed the base of indices, which can be used to fully determine the social, economic, and financial efficiency of social programs. The formed complex integrated assessment of investment projects allowed justifying the choice of the most promising investment projects for further implementation of the largest oil and gas producing company in Russia.