Abstract: When examining the policy of integration that ensures import substitution and increasing the competitiveness of Russian industry, one can see that the positive dynamics of the development of mergers and acquisitions processes is often accompanied by a negative dynamics of indicators of their effectiveness. This necessitates the development of an integrated approach to the formation of an assessment of integration deals to enhance the competitiveness of Russian industry. Methods for assessing the value of companies should be based on statistical approaches to business valuation, which will increase the validity of management decisions in the field of corporate integration. The presented article developed and tested the methodology of statistical estimation of business value in integration transactions of holding structures, which is based on the generalization of the results of profitable, cost and comparative methods, as well as the method of real options. The methodology provides a preliminary justification for the feasibility of mergers and acquisitions in the implementation of the integration policy, serves as a basis for a qualitative and reliable assessment of the synergistic effect.

Abstract: In this article results of a research of a condition and direction of development of integration activity in world economy and economy of Russia are provided. Within the carried-out analysis the author of work allocated a number of the factors which directly or indirectly exerted impact on development of the world market of merges and absorption. At the same time the conclusion was drawn that the most attractive to investors in the region "Eastern and Central Europe" is the Russian market. The conducted research allowed to conclude that the Russian market of merges and absorption goes on the way of creation of large corporate structures. Such structures incorporate the powerful sources of raw materials and processing enterprises united in chains by the principle of the maximum conversion for the purpose of receipt of highly profitable products and increase in competitiveness of business. When writing article the following methods of scientific research were used: observations, comparisons, system analysis, generalization, systematization, classification. Characteristic of integration activity of the Russian holdings is that considerable impact on it is exerted by the mega-transactions having pronounced industry features. At the same time unlike the countries with the developed institutional environment, the state plays an important role in the Russian market of merges and absorption and assists forming of corporate associations in the industry.

Abstract: The structure of a complex socio-economic phenomonon such as the integrative activity of Russian holding units in various Russia's economic sectors always have this or that degree of flexibility and ability to change with time both quantitatively and qualitatively. Therefore it is theoretically and practically important to study dynamics of such a structure, to evaluate structural changes, to define and characterize the main integration process development trends in order to increase efficiency and competitive ability of Russian economy. In the course of writing the article the author has used the following research methods: observation, comparison, systems analysis, generalization, systematization, classification, and statistical analysis. The article presents the results of statistical research of the integrative activity of holding entities in various Russia's economic sectors based on the analysis of structural shifts. The results of the analysis can be used to establish the infrastructure of the market for corporative control and to develop efficient state policies in the sphere of sectoral management of the integrative activity.