INNOVATIVE APPROACHES TO FINANCING CONCESSION ACTIVITY

Author:

Zabashtanskyi Maksym, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Rogovyi Andrii, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Zabashtanska Tetiana, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Language: ukrainian

Annotation:

It is substantiated that ensuring the proper level of financing of concession activity in modern conditions requires the introduction of innovative approaches to its formation, aimed at diversifying its sources, reducing the total cost of capital, minimizing the risks of use. The author's approach to providing financial support for the organization of concession relations based on the establishment of a concession holding company is provided. A schematic representation of the financial technologies of the organization of mixed concession holdings is offered. The arguments in favour of the fact that the formation of the appropriate level of financial provision of concession relations is directly related to the ability of the concessionaire to implement the processes of innovative technological modernization of production processes, the efficiency of its functioning, the formation of the basic conditions for the effective development of the national economy.

Key words:

concession; concession relations; concession activity; financing; financial resources; financial support

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