Doing business
February 2022 radically changed the life of both the region and the entire independent Ukraine, however, the region steadfastly holds the economic and military front.
The most relevant indicators of the state of investment activity and the main sectors of the economy over the past year, as well as the current situation, are presented in detail in the updated Investment Guide.
The economy of the region, traditionally formed mainly at the expense of the industrial sector, faced the blocking of logistics routes by the aggressor country, rocket attacks on enterprises and the suspension of the activities of businesses that ended up in the temporarily occupied territories. This led to a decrease in production volumes, especially in the mining and metallurgical industries.
The most popular export positions were iron and titanium ores and concentrates, mineral fertilizers, steel semi-finished products, and plastic products.
The region has also become a haven for more than 70 enterprises that were forced to relocate from the South-East of the country.
It should also be noted that this year the farmers carried out an extremely difficult sowing and harvesting campaign. And even the constant shelling, the deliberate arson of several hundred hectares of fields in the south of the region and the lack of fuel did not prevent everything from being completed.
The most popular agricultural products last year were fats, vegetable oils and cereals.
The service sector is predominantly represented by IT and transport services. Although the war has led to the closure of the air and water gates of the region, and international airports in Dnipro and Kryvyi Rih are under enemy missile attacks, one of the largest logistics companies in the country implemented an innovative postal terminal project in Dnipro late last year.
Leading companies in the construction sector mainly specialize in construction, production of building and insulating materials, paints and metal-plastic windows.
The active rebuilding of infrastructure damaged as a result of hostilities, as well as the construction of modern residential complexes with the necessary social infrastructure, will gradually increase the demand for the production of building materials to meet the needs of the sector.
Each of the above sectors is described in detail in the updated Investment Guide, which allows specialists to qualitatively assess the state of the economy and effectively predict its recovery. In addition, the current version of the publication will also be useful to scientists, students, businesses and government officials.
This year, the region offers 25 projects from communities and businesses, as well as industrial parks with a total area of 337 ha and industrial areas with a total area of more than 500 ha.
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