Position of the chosen industrial companies in connection to the mining

Eva Manová, Katarína Čulková, Jozef Lukáč, Jana Simonidesová, Zuzana Kudlová

Position of the chosen industrial companies in connection to the mining

Číslo: 2/2018
Periodikum: Acta Montanistica Slovaca

Klíčová slova: mining, industrial companies, metallurgy, financial performance, Slovakia

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Anotace: Mining is connected with various industrial sectors. Especially mining and metallurgy present one of the most important sectors in

some countries, presenting contribution to the state economy. Therefore, its position is greatly influenced by the position of the connected
industrial companies, mainly metallurgy and metal production. On the other hand, the ability of the company to develop and introduce its
activity to the market depends on its financial performance. The goal of the contribution is to evaluate the position of 50 chosen industrial
companies in Slovakia from the view of chosen performance and indebtedness indexes. Similarly, we analyse the size categories and position
of the companies in the area of restructuring, liquidation and payment orders. The analysis had been made by statistic program R that is
proper for the creation of statistic models and data analysis. The result of the evaluation in the contribution presents cluster analysis,
through which we determine companies’ clusters from chosen sectors according to chosen financial indexes. The results confirm the position
of the analysed companies in the frame of the sector is satisfactory. Improvement of the economic activity of industrial companies determines
conditions for the possible improvement of mining and metallurgical business activity and finds the sources of companies’ growth.