FEATURES OF FINANCIAL AND ECONOMIC DEVELOPMENT OF FORESTRY IN UKRAINE

Author:

Zinkevych Oleksandr , Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Language: ukrainian

Annotation:

Within the article, economic and financial aspects of the development of forestry enterprises in Ukraine are considered. In particular, attention was paid to the assessment of complex indicators that characterize the trends in the forestry sector functioning. A study of trends in the change of the following indicators is conducted, namely: production volume, net profit, amount of capital investment attracted to the industry, profitability level. It is established that forestry as a separate branch of the national economy is now in the midst of significant transformation processes, which do not contribute to the active operation of forestry enterprises. Accordingly, the need to change this situation and create attractive conditions for the implementation of economic activity in this area is urgent.

Key words:

forestry, forestry industry; forestry enterprise; net profit; economic crisis; capital investments

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