The formation of financial-industrial groups as a factor of economic development

In the current conditions, the main form of interaction between industrial and financial capital are the major associations in the form of financial and industrial groups. International experience has shown that the emergence and development of highly integrated financial and industrial groups are multifaceted, held with the direct participation and active support of the state. The formation and successful operation of the integrated companies and, above all, financial and industrial structures (groups) is undoubtedly the most important factor in improving the efficiency and sustained economic growth in industrial production. It should be recognized that the current economic reality is that without the concentration of production and capital formation of competitive industries is associated with considerable difficulties.