PLACE AND ROLE OF FINANCIAL AND INDUSTRIAL GROUPS IN PRE-REVOLUTIONARY RUSSIA’S ECONOMY

The article deals with the position of the financial - industrial groups (FIGs) in the late 19th- early 20th centuries in the Russian Empire by the example of two associations "Prodamet" and "Association of the Nobel brothers".There were considered the main stages and specificity of the formation of large industrial-financial groups in the pre-revolutionary period. The analysis enabled to reveal the formation mechanism of large trusts and syndicates in Russia. The author draws parallels with Western associations of that period. In addition, on the basis of the journal "Industry and commerce" there was analyzed the relationship between the state and big business