Abstract
The food industry in each country is a strategic industry that ensures its food security, environmentally friendly social aspects, safe products, health of the population and its economic security, as it is continuously operating even at times of economic and political crises. Therefore, the state of the industry and the efficiency of its operation require constant analysis and research. This publication analyses the performance of the food industry of Ukraine and in particular its very important region for its development and export advantages – Odessa. The paper considers also the aspects of effective development and competitiveness of the food industry in Ukraine.
Highlights
The state and development of the national economy and its entities depends on the factors of the internal and external environment, the latter often being the dominant ones
The direction of preserving the competitiveness and efficiency of the national producer in accordance with significant changes in the external environment is the formation of vertically integrated structures – holdings, cluster formations and associations, implementation of activities based on other outsourcing approaches (Kuprina, 2012)
The analysis of presence of food industry enterprises in Odessa region and their profitability showed that despite the fact that there is an increase in the number of food industry enterprises, including the increase due to the growth of small business, in some sub-sectors of the food industry the level of unprofitable enterprises reaches up to 38-40%, and there is a tendency to decline in production and low profitability of products
Summary
The state and development of the national economy and its entities depends on the factors of the internal and external environment, the latter often being the dominant ones. The study made it possible to substantiate the need for transformation of the food industry activity on the basis of the principle of imparity with the emphasis on the category of “persistence of activity” reflecting the degree of its stability (Fig. 1) Such an approach to assessing the activity of an enterprise and the rejection of the concept of “sustainability”, “stability” is largely associated with the widespread use of these terms in various areas of economic science at the level of the research on the functioning of an enterprise: financial sustainability, strategic sustainability, and technological sustainability, stability of the activity, stability of the development, etc., and allows us to select the intersection of the categories of “effectiveness” of the activities of the entity of the national economy and its “competitiveness” (Kuprina, 2013). Dnepropetrovsk region, Donetsk region, Zaporizhzhya region, Kiev region, Kirovograd region, Lugansk region, Lviv region, Mykolaiv region, Odessa region, Poltava region, Kharkov region, Cherkasy region
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