Poslovna izvrsnost, Vol. 17 No. 1, 2023.
Prethodno priopćenje
https://doi.org/10.22598/pi-be/2023.17.1.59
THE IMPACT OF THE RUSSIAN-UKRAINIAN CRISIS ON EUROPEAN SUPPLY OF PRECIOUS METALS
Ivana Sedinić
orcid.org/0009-0003-5090-1763
; ASBIC-CR d.o.o.
Helena Nikolić
orcid.org/0000-0002-6757-9569
; Ekonomski fakultet Zagreb, Sveučilište u Zagrebu, Hrvatska
Sažetak
The paper deals with the issue of the last global crisis caused by the Russian
aggression against Ukraine and the disruptions it caused on the precious metals market.
A global imbalance was caused accompanied by significant disruptions in the supply
chains and inflation. Additionally, the consequences of such an event will be felt for many
years even after the end of the war. Considering the fact that production of Russia and
its export are crucial for the supply of the European market, special emphasizes has been
placed on Europe. Through the work, a detailed analysis of the previous import of
precious metals into the selected European countries was made, fluctuations in the prices
of precious metals were analysed, as well as the reasons for price fluctuations. Also,
projections of compensation plans for Russian imports, as the main distributor so far, are
presented, along with projections of further price movements. The aforementioned war
pointed to a series of failures in the organization and structure of business in European
countries, which were forced to restructure after many years of inertia and inactivity.
This is the crucial strategic way if they want to survive the crisis caused by the war.
Certainly, in the most ungrateful position are the countries whose most important
industries are largely dependent on the import of precious metals. Nevertheless, the projections are positive, and it is estimated that Europe should get out of the crisis in the
short term with proper investments and carefully planned strategies.
Ključne riječi
Russian-Ukrainian war; Europe; precious metals market; supply; import.
Hrčak ID:
304670
URI
Datum izdavanja:
26.6.2023.
Posjeta: 953 *