At the end of 2016 the legislation on procurements was amended. Details of the essentials are stated below.

• The Federal law №474-FL as of 28.12.2016 «On amendments to certain legislative act of the Russian Federation» has expanded possibilities of participation in procurement of goods, works and services by certain federal state unitary enterprises.

This is about enterprises essential for ensuring the rights and legitimate interests of citizens of the Russian Federation, defense and security of the state. As agreed with Russia's Presidential Executive Office, the list of the enterprises was later approved by the Russian Government Executive Order №2931-r as of 31.12.2016 «On approval of the list of Federal state unitary enterprises, which are essential for ensuring the rights and legitimate interests of citizens of the Russian Federation, defense and security of the state».

Conclusion of civil law contracts by these enterprises on supplies of goods, works and services now falls within the scope of the Federal law №223-FL as of 18.07.2011 «On procurement of goods, works and services by certain types of legal entities» and is released from the Federal law №44-FL as of 18.07.2011 «On the contract system in state and municipal procurement of goods, works and services».

It was also stated that the effect of law does not extend to procurement of goods, works and services made by the Central elections commission and elections commissions of the RF subjects during elections to the federal authorities.

The law has come into force since January 1, 2017.

• The Federal law №489-FL as of 28.12.2016 On the amendments to Article 31 of the Federal Law “On the contract system in state and municipal procurement of goods, works and services has expanded the list of obligatory requirements to participants of procurement provided by the Article 31 of the law and uniform requirements to the participants were set.

One of the most important requirements is that participant (natural person, executive, members of collective executive body, chief accounting officer of a legal entity) must have no criminal records for economic crimes. This norm does not cover persons with expired and expunged criminal records. The same is about cases when criminal records are not connected with deprivation of right to hold specific positions (to be engaged in certain activities) or disqualification related to supplies of goods, performance of works, provision of services being an object of procurement.

Another requirement is absence of criminal records for offenses under articles of the Criminal Code for illegal participation in entrepreneurial activities, taking or giving of bribe, or mediation in bribery. When criminal record is expired or expunged, the limitations will not be applied.

The list was also added with the requirement for participant (legal entity) not to be brought to administrative responsibility under the article of the Code of the Russian Federation on Administrative Offenses on illegal gratification on behalf of a legal entity.

• The Federal law №500-FL as of 28.12.2016 “On the amendments to Article 93 of the Federal Law “On the contract system in state and municipal procurement of goods, works and services” specifies cases of conducting sole supplier procurement.

The law sets that customers acting on the territory of foreign state (diplomatic missions, consular offices or trade representation of the Russian Federation, etc.) at procuring are released from limitations regarding making of the contract price, not exceeding one hundred thousand.

Full range of information on procurements is available in the Information and Analytical system Globas-i. «Procurement analyses» section contains services for analyses of information on procurements. Using tools and filters developed by the experts of the Information agency Credinform it is possible to organize data on procurement participants, goods and prices. The information produced after analyses will assist in searching for counterparty, choosing marketing strategy and forming pricing policy.

Information agency Credinform has prepared the ranking of the largest plastic package manufacturers in Russia. Manufacturers of plastic package having the largest annual revenue in the industry (TOP-10) for the last available in the Statistical register period (2015 and 2014) were taken for the ranking. Further they were ranked on the net profit ratio (Table 1).

The net profit ratio (%) is calculated as a ratio of the net profit (loss) to sales revenue. The ratio shows the rate of companies’ sales profit. There aren’t any standard values of the indicator. It is recommended to compare companies belonging to one industry or the change of the ratio with time by a certain enterprise. The negative value of the indicator shows that there is a net loss. The more the value of indicator is, the more effective the enterprise works.

In order to get the full and fair picture of the company’s financial situation, it is necessary to pay attention not only to compatibility with standard values, but also to all the available complex of financial indicators and ratios.

*) - group of companies average value
**) - industry average value

The average value of net profit ratio in the group of companies TOP-10 in 2015 is notably higher than industry-average value. At the same time the indicator value of nine companies of the TOP-10 in 2015 increased comparing to the previous period. Indicator value of JSC Polimerbyt decreased by 2,33%.

The revenue volume of the 10 largest companies amounts to 38% of the total revenue of 100 largest companies. It gives evidence to low monopolization rate and high competition in this industry. For example, the share of the company largest by the revenue volume in 2015 – JSC RETAL – amounted to 11% in the total revenue of the TOP-100 group of companies (Figure 2).

All of the TOP-10 companies were given prime or high solvency index Globas-i^®, which bears evidence to their ability to meet debt obligations timely and full. All TOP-10 companies in 2015 increased their net profit and revenue comparing to the previous period.

The indicators of plastic package manufacture by volume over the 2010 to 2016 period aren’t stable, which is confirmed by the data of the Federal State Statistics Service (Rosstat) (Table 2).

*) In the Table 2 the decline in production is highlighted with the red shading, the growth - with the green one. Color density depends on indicator value.

Manufacture of polymer bottles appeared to be the most stable over the 2010 to 2016 period.

Enterprises manufacturing plastic package are distributed in an uneven manner within country’s regions and gravitate to the developed industrial centers, having the infrastructure for high-tech manufacture. It is confirmed by the data of the Information and Analytical system Globas-i, according to which 100 companies industry-largest by the revenue volume for 2015 are registered in 33 regions of Russia (Figure 3).