Federal Law No. 219-FZ dated 28.06.2021 amended the Law of the Russian Federation "On Employment of the Population in the Russian Federation". The law came into force on July 1, 2021.

According to the Law, employers of all legal forms of ownership, state and municipal authorities, state and municipal institutions, unitary enterprises, organizations with state participation are required to post the following information on the Unified digital employment and labor relations platform "Work in Russia":

• recruitment needs,
• conditions for attracting employees,
• availability of vacant jobs and positions,
• availability of special workplaces equipped for disabled people.

Employers whose average number of employees for previous calendar year is less than 25 people are exempt from submitting the information.

Failure to provide this information may result in an administrative penalty under the Art. 19.7. of the Administrative Code of the Russian Federation in the form of a warning or imposition of an administrative fine on officials - from 300 to 500 rubles, and on legal entities - from 3 to 5 thousand rubles.

In addition, the law establishes that legislation of Russian Federation subjects can set a quota for hiring disabled people in the amount of up to 3% of the average number of employees for employers with a staff from 35 to 100 people.

According to the Information and Analytical system Globas currently, there are more than 12 thousand companies engaged in recruitment and employment of citizens in the employment field in Russia.

Information agency Credinform represents a ranking of the largest mechanic engineering companies in Nizhniy Novgorod. Companies engaged in manufacture of machinery, equipment and vehicles with the largest volume of annual revenue (TOP 10 and TOP 100) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2018 - 2020). They were ranked by the solvency ratio (Table 1). The selection and analysis were based on the data of the Information and Analytical system Globas.

Solvency ratio (х) is a ratio of equity to total assets. The ratio shows the dependence of the company on external loans. Recommended value: > 0.5.

The ratio reflects the rate of turnover of equity capital. A high value of the ratio indicates the efficient use of own funds, and a low value - about the inaction of a part of own funds.

For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.

Table 1. Net profit, revenue, solvency ratio and solvency index Globas of the mechanic engineering companies in Nizhniy Novgorod (TOP 10)

Name, INN, activity	Revenue, million RUB		Net profit (loss), million RUB		Solvency ratio (x), >0,5		Solvency index Globas
	2019	2020	2019	2020	2019	2020
1	2	3	4	5	6	7	8
LLC LIR INN 5256029449 manufacture of other components and accessories for motor vehicles	9 806	8 055	713	907	0,78	0,80	177 High
JSC JSC HYDROMASH INN 5262008630 manufacture of parts and components for aircraft and spacecraft	5 088	4 550	295	123	0,77	0,74	218 Strong
JSC MAGNA AUTOMOTIVE RUS INN 5256076921 manufacture of other components and accessories for motor vehicles	14 603	15 193	1 966	2 594	0,64	0,59	141 Superior
JSC KRASNOE SORMOVO PLANT INN 5263006629 construction of ships, vessels and floating structures	11 764	11 709	709	1 020	0,38	0,50	181 High
LLC PRODUCTION AND COMMERCIAL COMPANY LUIDOR INN 5257065753 manufacture of buses and trolleybuses	4 431	3 538	204	48	0,55	0,46	236 Strong
JSC GAZ INN 5200000046 manufacture of other components and accessories for motor vehicles	28 551	25 995	256	213	0,33	0,41	220 Strong
LLC NIZHEGORODSKIE MOTORY INN 5256067300 manufacture of other components and accessories for motor vehicles	4 617	4 472	-60	-206	0,44	0,37	289 Medium
LLC ST NIZHEGORODETS INN 5259062324 manufacture of motor vehicles	3 216	4 687	37	90	0,13	0,12	239 Strong
LLC AUTOMOBILE PLANT GAZ INN 5250018433 manufacture of motor vehicles	102 128	90 447	5 950	-3 329	0,14	0,09	259 Medium
JSC PRODUCTION COMPANY AVTOKOMPONENT NIZHNIY NOVGOROD INN 5256087440 manufacture of electrical and electronic equipment for motor vehicles	3 275	3 566	13	-31	0,04	0,03	309 Adequate
Average value for TOP 10	18 748	17 221	1 008	143	0,42	0,41
Average value for TOP 100	2 213	2 081	124	36	0,26	0,29

growth of indicator to the previous period, fall of indicator to the previous period

The average values of the solvency ratio of TOP 10 and TOP 100 are above the industry average and below the recommended ones.

Only three companies of TOP 10 increased their figures in 2020 compared to 2019. In 2019, the growth was recorded for seven companies.

In 2020, seven companies included in TOP 10 reduced revenue and six companies reduced net profit. The average revenue fell 8% and 6% for TOP 10 and TOP 100 respectively. The average profit of TOP 10 and TOP 100 fell 7 times and almost 3 times respectively.

Over the past five years, the growths of the industry average values of the solvency ratio was recorded only for one period. The highest value was recorded in 2016 and the lowest one was in 2018 (Picture 1).

Picture 1. Change in the industry average values of the solvency ratio of the mechanic engineering companies in Nizhniy Novgorod in 2016 - 2020