ECONOMIC BENEFITS OF INTEGRATION PROCESSES

Abstract

Agroindustrial integration, which is an organic union and effective functioning of specialized agricultural, industrial and processing enterprises in order to obtain final products from agricultural raw materials and achieve greater economic benefit through mutual material interest, has gained practical relevance in modern conditions, when various organizational forms of integration began to emerge. The problem of further development of both agricultural production and processing industry should be solved by creating a mutually beneficial and mutually stimulating mechanism of cooperation between them. The importance of ensuring technological, economic and organizational unity of production, processing, procurement and sale of agricultural products determines the need for the development of integration processes in the agroindustrial complex. Agroindustrial integration solves the problems of accumulating financial resources to solve the priority areas of development of agriculture and its service spheres, the improvement of the financial condition of enterprises and organizations of agroindustrial production, the expansion of opportunities to market the products of agricultural producers. At the present stage integration develops on the basis of the movement of investments, for which certain state norms and rules have been created, proposals for institutions - organizations have been developed to promote the inflow of investments in the regions as well as in the agrarian sector of the economy. Economic integration in the agroindustrial complex and certain food subcomplexes is aimed at establishing interaction and business cooperation between various economic entities and their partners in technologically, organizationally and economically interrelated sectors of the economy. Any integration structure is focused on improving the use of partners’ production potential on the basis of mutual interest and close mutually beneficial cooperation.