OPERATIONS OF RELOCATED BUSINESS IN TERRITORIAL COMMUNITIES (ON THE EXAMPLE OF THE RIVNE REGION)

Authors

  • Lesya Tyhonchuk National University of Water and Environmental Engineering, Rivne
  • Andriy Piddubnyі National University of Water and Environmental Engineering, Rivne

DOI:

https://doi.org/10.31713/ve1202319

Keywords:

relocated business, territorial community, state budget, business operations, war, public administration, the Rivne region

Abstract

The article is devoted to the analysis of the conditions of relocated business operations and the determination of prospects for the stabilization of the economic environment in territorial communities. The study was conducted based on the activities of business structures of the Rivne region. The article identifies the problems of business operation in the conditions of large-scale Russian aggression against Ukraine. Limited financial resources, lack of qualified staff and adequate resources, inflation and devaluation, in particular the increase to the prices of raw materials, termination of a business partnership, problems with supply and logistics, drop in demand in its main markets are defined the main problems of business operations in territorial communities. The conditions of internal movement of business from war zones and temporarily occupied territories to relatively safe regions in Western Ukraine were considered. The trend of business recovery from the start of the war to the present time has been determined. The article describes providing organizational, transport and logistics services, measures of public administrative impact to support relocated businesses. Data of enterprise relocation and operations in other territories are provided. Organizational, consulting and financial instruments for effective relocated business operations process management in the Rivne region are considered in detail. The trends of the leading indicators of local budgets, particularly the amount and structure of income and expenses, are determined. Economic stabilization means the government's efforts to establish further cooperation with foreign companies and investors in territorial communities. It was concluded that in the conditions of war, business operations ensures the income of owners and the employed people, and most importantly, it provides the state budget, for solving such important problems as activation of social and economic activity and development of territorial communities.

Author Biographies

Lesya Tyhonchuk, National University of Water and Environmental Engineering, Rivne

Doctor of Science in Public Administration, Associate Professor

Andriy Piddubnyі, National University of Water and Environmental Engineering, Rivne

Post-graduate Student

Published

2023-06-09

Issue

Section

Статьи