... 2024. This was due to a decrease in average copper prices during the reporting period: uncertainty around the Chinese economy—the largest consumer of metals—led to volatility in copper quotes. Nevertheless, Southern Copper's management expressed optimism regarding the mid-term outlook: the push for developing green energy and electric vehicles supports copper demand. Investors are monitoring whether the company can maintain low cost levels amid inflation in the mining sector. Overall, Southern Copper's results serve as a barometer of global industrial activity: relative stability in indicators suggests that global demand for industrial metals remains healthy, although it is ...

... Increased Risks for Banks. In times of economic uncertainty, banks fear a rise in the number of defaults on mortgages. Family mortgages, which are oriented towards long-term loans, become less attractive for banks, particularly if rates remain high. Cost Optimization. Banks like VTB and Sberbank are suspending subsidized programs to optimize their costs and mitigate risks. The family mortgage program relies on government support, and in times of economic difficulty, the government may reduce or limit ...

... which makes it especially difficult to implement large projects. On the other hand, the economic slowdown provides an opportunity to focus on increasing internal efficiency and improving operational activities. For example, we are actively working to optimize internal processes and increase the level of digitalization, which will allow us to reduce costs and increase competitiveness. Innovation and digitalization help us be flexible and ready for any changes in the market. An important element for business today is building long-term partnerships and diversification. We already feel the growing ...

... presence: The main concentration of stores is located in densely populated regions, including Moscow, St. Petersburg and large cities of Siberia. Own logistics network 13 distribution centers, ensuring uninterrupted supply of goods. Own vehicle fleet to optimize delivery and reduce costs. Private labels (PL) Products under the Lenta brands cover many categories: food, household goods, clothing. This allows the company to maintain competitive prices and increase margins. Key investment areas Expansion of the store network In 2023,...

... managed to increase revenue fivefold through the implementation of IT solutions. Find out which tools helped automate processes, optimize procurement, and make the business more efficient. Sergey Tereshkin, CEO of Oil Resource Group." How We Increased ... ... Excel files. There was almost no control over the work of managers and logisticians. As a result, the company incurred high costs. The prices at which managers actually sold products and the terms under which logisticians negotiated with carriers were ...