O. I. Kulagin (Petrozavodsk, Russia). Financial and economic development of enterprises of timber industry in Karelia in the second half of the 1940-es and 1950-es

Financial and economic development of enterprises of timber industry in Karelia in the second half of the 1940-es and 1950-es

Kulagin Oleg I.,
Candidate Sc. {History}, Associate Professor, Department of Russian History, Petrozavodsk State University (Petrozavodsk, Russia), olkulagin@yandex.ru

The article considers financial side of the timber industry of Karelia forestry farms in the second half of the 1940s – 1950s. It proves that the financial activities of the regional timber industry enterprises were inefficient and loss-making at national, regional and local levels.

Keywords: timber industry; regional timber industry complex; Karelian-Finnish SSR; loss ratio; Ministry of Finance; financial efficiency.

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