Abstract
Innovative policy and regional management leverages should create the foundations for the “impulse” to form the Ukrainian market of natural gas and its distribution. Efficient and desirable economic reforms in the activity of the gas distribution companies of the Western region of Ukraine will contribute to increasing their competitiveness level by implementing innovative activities. The paper aims to make an integral estimation of the competitive positions of the gas distribution companies that function on the Western Ukrainian market of natural gas distribution among consumers and develop practical recommendations directed at forming and implementing the innovative policy of improving their competitiveness. To achieve the aim, the authors have developed the methodology of calculating the competitiveness level for the gas distribution companies that function on a certain natural gas distribution market of any scale. Based on the results of the conducted research, the paper shows that the competitiveness condition of most gas distribution companies of the Western region of Ukraine is either of critical – І or satisfactory – ІІ levels. Meanwhile, it is worth mentioning that only AT “Chernivtsihaz” is characterized by the highest rate of competitiveness integral estimation among all the companies operating on the market of the natural gas distribution among consumers in the Western region of Ukraine. Therefore, it was identified as level ІІІ – “decent” level, which is the average competitive indicator.
Highlights
The development and functioning of the Ukrainian gas sector directly depend on the processes of consumption of fuel and energy resources and trends of changes on domestic and external markets
It can be observed based on the analysis of a range of indicators that characterize the economic and financial-economic condition of the gas distribution companies in the Western region of Ukraine and the possible impact of innovative policy implemented to improve their competitiveness, including the relative indicator of property status assessment and property use efficiency; relative indicator of the liquidity analysis, relative indicators of profitability; relative indicators of business activity; relative indicators of financial stability; relative indicator of financial stability assessment; absolute indicators-characteristics of the gas market in the Western region (Table 1)
It is worth noting that nowadays modern methodological approaches to the research and further substantiation of projects on implementation of the innovative policy of competitiveness improvement for the gas distribution companies in the Western region are almost absent
Summary
The development and functioning of the Ukrainian gas sector directly depend on the processes of consumption of fuel and energy resources and trends of changes on domestic and external markets. It stipulates the importance and need to deeply analyze the meaning, nature, structure, methods, and ways of conducting the innovative policy to improve the competitiveness level of the gas distribution companies of the Western region of Ukraine and to finds the ways for regional governing bodies to stimulate their activity based on specific socio-economic peculiarities of each oblast in Ukraine. The issues of the vector innovative policy of a region, forming of respective organizational and economic support for the solution of defined problems of the analysis of current competitiveness conditions for eight largest gas distribution companies that function in the Western region of Ukraine, and methodological and practical aspects of innovative solutions implementation in the gas distribution require systematization and generalization
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