DOI: 10.33917/mic-3.122.2025.100-109

The article examines the factors influencing the dynamics of housing construction in Moscow between 2019 and 2024, with a particular focus on the role of banking instruments in ensuring the stability of the construction industry. It explores the effects of the pandemic, changes in credit policies, and legislative innovations such as the reduction of warranty periods and the lowering of penalty sanctions. The findings suggest that economic instability and shifts in consumer preferences have a significant impact on the market structure, while financial instruments help mitigate the negative effects of crisis situations. The conclusion emphasizes the importance of an integrated approach aimed at further improving financial mechanisms and adapting legislation to support the stable development of the construction sector.

References: 

1. Housing commissioning. Federal State Statistics Service (Rosstat). URL: https://rosstat.gov.ru/analitika/vvod_zhilya (In Russ.)

2. Monitoring of housing construction volumes. Ministry of Construction and Housing and Communal Services of the Russian Federation. Housing policy. URL: https://minstroyrf.gov.ru/trades/zhilishnaya-politika/8/  (In Russ.)

3. Housing construction in the Russian Federation in 2023 increased by 7.5%, to 110.4 million sq. m. – Rosstat. Interfax. January 26, 2024. URL: https://www.interfax-russia.ru/realty/news/zhilishchnoe-stroitelstvo-v-rf-v-2023-g-vyroslo-na-7-5-do-110-4-mln-kv-m-rosstat (In Russ.)

4. Moscow residential real estate market overview based on the results of May 2024. Moscow Analytical Center. URL: https://ac-mos.ru/download/estate/2024_07_01/ (In Russ.)

5. Financing of shared-equity construction. Bank of Russia. URL: https://www.cbr.ru/banking_sector/equity_const_financing/ (In Russ.)

6. Borisyako М.А., Valershteyn A.V. ESG-transformation of companies in the investment and construction industry. In: XXXVI International Plekhanov Readings. Collection of articles by the conference participants. In 4 volumes. Moscow, April 25–27, 2023. Moscow: Plekhanov Russian University of Economics, 2023. pp. 22–26. EDN: https://elibrary.ru/eskota (In Russ.)

7. Abbasov E.U. Elements of ESG transformation in the investment system in the construction industry. In: Sustainable development (ESG): finance, economics, industry. Proceedings of the IV National scientific and practical conference with international participation, St. Petersburg, October 19-20, 2023. St. Petersburg: Center for Scientific and Production Technologies «Asterion», 2023. pp. 186–190. EDN: https://elibrary.ru/filxzm (In Russ.)

8. Lomoro A., Mossa G., Pellegrino R., Ranieri L. Optimizing Risk Allocation in Public-Private Partnership Projects by Project Finance Contracts. The Case of Put-or-Pay Contract for Stranded Posidonia Disposal in the Municipality of Bari. Sustainability. 2020; 12(3):806. https://doi.org/10.3390/su12030806 (In Eng.)

9. The districts of Moscow where new buildings have fallen in price by 10-15% in a month are named. RBC Real Estate. November 5, 2024. URL: https://realty.rbc.ru/news/672562309a7947b8d6190932?from=copy (In Russ.)

DOI: 10.33917/mic-3.122.2025.77-85

The purpose of the article is to study the concept of corporate social responsibility in the construction sector. Conducting a comparative study using the methodology of studying specific cases of CSR-based activities in Russia and abroad allows us to establish a context for understanding how social responsibility is perceived and applied in practice in construction. The results showed that construction companies are aware of the growing importance of CSR, but there are problems limiting this process. The authors concluded that despite the differences in the approaches that organizations use in relation to the directions of social responsibility development, social orientation has become a significant factor for corporate social responsibility initiatives in Russia. The directions of development of corporate social responsibility are proposed.

References: 

1. Bodrunov S.D., Glazyev S.Yu. Regularities of the noonomy foundations formation as future social order: to know and operate: monograph. St-Petersburg: S.Y. Witte INID; Moskow: Centerkatalog, 2023. 340 p.

2. Milton Friedman. A Friedman Doctrine – The Social Responsibility of Business Is to Increase Its Profits. The New York Times. URL:   https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html

3.  Arynova Z.A. , Deborah De Moortel.  Foreign and domestic practice of implementing the principles of socially responsible business. Bulletin of the Innovative University of Eurasia. 2023;89 (1):53-63.

4. Asaul A.N. Corporate social responsibility – as the new philosophy of business. Corporate Governance.  2014;4:30-37.

5. Udaltsova, N. L., Shcherbinina, P. L. Business social responsibility: implementation and impact on company management. Leadership and Management, 2024;11(1):265-280.

6. Akhilesh Ganti, Somer G. Anderson, Vikki Velasquez. Social Responsibility in Business: Meaning, Types, Examples, and Criticism.  2024. URL: https://www.investopedia.com/terms/s/socialresponsibility.asp#citation-10.

7. Dilek Ulutaş Duman, Heyecan Giritli, Peter McDermott. Corporate social responsibility in construction industry. Built Environment Project and Asset Management. 2026;6(2):218-231.

8. Nesterenko A.N. Economics and institutional theory. Moscow: Editorial URSS, 2002. 416 p.

9. Ian McKinnon. Corporate Social Responsibility in Construction, 2022.   URL:  https://www.chas.co.uk/blog/csr-in-construction/

10. Yudenko M.N., Chepachenko N.V. Problems of social infrastructure in housing construction. Proceedings of the XIII International Scientific and Technical Conference: Current Issues in Architecture and Construction. Publ.: NGASI (Sibstrin), 2020. pp. 225-231.

11. Fedoseev I.V., Yudenko M.N. Problems and prospects of development of social infrastructure in St. Petersburg. Construction complex: economics, management, investments. interuniversity collection of scientific papers. Saint Petersburg, 2020. pp. 81-87.

DOI: https://doi.org/10.33917/es-3.183.2022.110-121

The article provides a comprehensive structural analysis of ensuring stability for the territorial housing market in a turbulent economy on the example of the Penza region. The study was carried out in the following fields: structure of developers, volumes and dynamics of construction, the price range of new buildings. In addition, financial express analysis of the main developers in the region was carried out in order to identify their financial stability over the forecast horizon in the face of economic uncertainty. As a separate segment of the research, it is accepted to study dynamics of the main parameters of the mortgage territorial market as the main regulator of the housing market development. Formulated conclusions provide an opportunity to the subjects of the territorial housing market to form innovative individual corporate and government strategies of sustainable development for the short term in a turbulent economy.

Источники:

1. Asaul A.N., Asaul M.A., Starinskii V.N., Shcherbina G.F. Analiz i prognozirovanie rynka [Analysis and Forecasting of the Market]. Moscow, Yurait, 2022, 296 p. (Vysshee obrazovanie).

2. Asaul A.N., Starinskii V.N., Mamedov Sh.M., Shcherbina G.F. Analiz i prognozirovanie rynochnoi kon”yunktury [Analysis and Forecasting of Market Conditions]. Saint-Petersburg, ANO “Institut problem ekonomicheskogo vozrozhdeniya”, 2018, 464 p.

3. Asaul A.N., Asaul M.A., Lyulin P.B., Chepachenko N.V. Trendy zhilishchnogo stroitel’stva v Rossii i srednesrochnyi prognoz [Housing Construction Trends in Russia and Medium-term Forecast]. Problemy prognozirovaniya, 2019, no 3, pp. 111–117.

4. Asaul A. N., Asaul M. A., Liulin P. B., Chepachenko N.V. Housing Construction in Russia: Trends and Medium-Range Forecasts. Studies on Russian Economic Development, 2019, vol. 30, N 3, pp. 313–318, DOI 10.1134/S1075700719030055.

5. Baronin S.A., Kulakov K.Yu. Genezis upravleniya stoimost’yu kontraktov zhiznennogo tsikla ob”ekta kapital’nogo stroitel’stva i stoimosti vladeniya nedvizhimost’yu [Genesis of Managing the Cost of Life Cycle Contracts for a Capital Construction Object and the Cost of Real Estate Ownership]. Nedvizhimost’: ekonomika, upravlenie, 2020, no 1, pp. 10–14.

6. Baronin S.A., Kulakov K.Yu., Timofeev K. P. Teoriya i praktika upravleniya konkurentosposobnost’yu na pervichnykh zhilishchnykh rynkakh po segment kompanii-liderov [Theory and Practice of Managing Competitiveness in Primary Housing Markets in the Segment of Leading Companies]. Penza, Penzenskii gosudarstvennyi universitet arkhitektury i stroitel’stva, 2017, 156 p.

7. Baronin S., Kulakov K. Development of life cycle valuation with priority of national projects and energy efficiency. E3S Web of Conferences. Rostov-on-Don, October 20–23, 2020. Rostov-on-Don, 2020, p. 07006, DOI 10.1051/e3sconf/202021707006.

8. Buzyrev V.V., Selyutina L.G. Zhilishchnaya problema i puti ee resheniya v sovremennykh usloviyakh [Housing Problem and Ways of Its Solution in Modern Conditions]. Saint-Petersburg, Izd-vo Sankt-Peterburgskogo gosudarstvennogo universiteta, 2013, 335 p.

The role of “Minskmetroproekt” in solving transport problems of the Belarusian capital is indisputable. The company became a pioneer of the new road in Minsk – underground. Today the Minsk subway carries more than a third of all the capital passengers, and by all standards, norms and parameters applied to facilities of this type, is recognized as one of the most comfortable and safest in the world. This is a kind of “ring” unifying man and the city. To avoid damaging the architectural ensemble of Minsk, tunneling and stations construction were carried out with a high degree of reliability and accuracy. There is one construction mode, characteristic for Minsk – station space zoning into transport and passengers areas. But it doesn’t level the stations architecture, on the contrary – it combines a variety of colors and interior plastic solutions. In his interview with the “ES” General Director of JSC “Minskmetroproekt”, “Man of the Year 2014” award winner Valery Chekanov told about unique, one-of-a-kind institute, which developed the projects for all currently existing lines of the Minsk subway, new lines are still being designed and put into operation on the basis of its projecting.