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The present article considers key problems of modernising production process at industrial enterprises, also referred to as reengineering, in modern conditions of Russian economics. Having analysed factors that affect operation of business, the author presents the model of interdependence between modernisation of production and sustainable development of the enterprise. Based upon analysis of Russian and foreign sources there were formulated fundamentals of the modernisation process and presented an algorithmic mechanism of enabling modernisation at the industrial enterprise. The said mechanism takes into account main aspects of sustainable development of the industrial enterprise and evaluation parameters as to the modernisation efficiency

Modernisation of production as a factor of influence on economic stability of the industrial enterprise