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Regional Economics: Theory and Practice
 

Assessing the effectiveness of the sustainable circular transformation strategy at industrial enterprises

Vol. 23, Iss. 4, APRIL 2025

Received: 3 April 2025

Accepted: 19 April 2025

Available online: 29 April 2025

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: L23, M11, M14, Q20, Q30

Pages: 136-154

https://doi.org/10.24891/re.23.4.136

Maksim P. KALINICHENKO Plekhanov Russian University of Economics (PRUE) – Tula Branch, Tula, Russian Federation
mpk79@mail.ru

https://orcid.org/0000-0002-2028-6451

Aleksandr S. VASIN Federal Treasury, Moscow, Russian Federation
vasin_as@mail.ru

ORCID id: not available

Eduard V. KHLYNIN Tula State University (TulSU), Tula, Russian Federation
hklynin@yandex.ru

https://orcid.org/0009-0000-4994-4297

Boris A. MALIKOV Tula State University (TulSU), Tula, Russian Federation
boriss-malikov@yandex.ru

ORCID id: not available

Subject. This article discusses the issues related to the implementation of the circular economy principles at Russian industrial enterprises.
Objectives. The article aims to develop a scientific and methodological approach to the assessment and analysis of the effectiveness of functional strategies of industrial enterprises.
Methods. For the study, we used a systems analysis.
Results. The article presents an author-developed scientific and methodological approach to assessing the effectiveness of sustainable circular transformation strategies at industrial enterprises, as well as a system of key indicators and methods for collecting and analyzing the necessary data, including economic, environmental and social components.
Conclusions. Successful implementation of the circular transformation strategy ensures the harmonious and sustainable development of business entities by generating additional revenues and reducing costs, reducing the volume of industrial waste and harmful emissions, and promoting socially responsible behavior when interacting with stakeholders.

Keywords: circular economy, industrial enterprise, strategy, efficiency, resources, waste recycling, reverse material flows

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