EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET

The article provides an overview of the peculiarities of functioning and analysis of performance indicators of machine-building enterprises in 22 countries of the European Union and Ukraine. The article studies profitability indicators of machine-building enterprises, with an emphasis on the peculi...

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Main Authors: Viktor Nyzhnyk, Liliia Martynova, Vitalii Sharko, Andrii Savitskyi, Lina Marshuk, Inna Vlasenko
Format: Article
Language:English
Published: FINTECH Alliance LLC 2023-12-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/4191
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author Viktor Nyzhnyk
Liliia Martynova
Vitalii Sharko
Andrii Savitskyi
Lina Marshuk
Inna Vlasenko
author_facet Viktor Nyzhnyk
Liliia Martynova
Vitalii Sharko
Andrii Savitskyi
Lina Marshuk
Inna Vlasenko
author_sort Viktor Nyzhnyk
collection DOAJ
description The article provides an overview of the peculiarities of functioning and analysis of performance indicators of machine-building enterprises in 22 countries of the European Union and Ukraine. The article studies profitability indicators of machine-building enterprises, with an emphasis on the peculiarities of approaches to pricing. A comparative analysis of the number of machine-building enterprises and the number of people employed in machine-building in each country was carried out. The indicators of imports of machinery and equipment for agriculture from Ukraine to the EU countries are analysed in terms of the main product groups. A comparative analysis of the activities of the machine-building industry of the EU and Ukraine per enterprise, with special attention to the indicators of costs and investments, was carried out. The volumes of investments in material assets, machinery and equipment, personnel, and energy costs were analysed.  An evaluation of these indicators of the functioning of machine-building enterprises of the European Union and Ukraine has allowed to identify the key problems of domestic machine-building enterprises in the context of ensuring the competitiveness of their products in the EU market. In particular, the author has established the existence of fundamental differences between Ukrainian and European machine-building producers in terms of investment in personnel and renewal of fixed assets, which leads to a significant technological lag behind their European competitors and a lag in terms of individual productivity of personnel.
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spelling doaj.art-f9d9ceb4837942eda52c8ec8083466c32023-12-30T22:48:24ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702023-12-0165310.55643/fcaptp.6.53.2023.4191EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKETViktor Nyzhnyk0Liliia Martynova1Vitalii Sharko2Andrii Savitskyi3Lina Marshuk4Inna Vlasenko5D.Sc. in Economics, Professor of the Department of International Economic Relations, Khmelnytskyi National University, Khmelnytskyi, UkraineD.Sc. in Economics, Associate Professor of the Department of Economics and International Relations, Vinnytsia Trade and Economic Institute of State University of Trade and Economics, Vinnytsia, UkraineD.Sc. in Economics, Associate Professor of the Department of Commodity Science, Expertise and Trade Entrepreneurship, Vinnytsia Trade and Economic Institute of State University of Trade and Economics, Vinnytsia, UkraineD.Sc. in Economics, Associate Professor, Head of the Department of Management, Department of Separate Structural Unit «Khmelnytskyi Polytechnic Professional College, Lviv Polytechnik National University», Khmelnytskyi, UkrainePhD in Economics, Associate Professor of the Department of Finance, Vinnytsia Trade and Economic Institute of State University of Trade and Economics, Vinnytsia, UkrainePhD Student of the Department of International Economic Relations, Khmelnytskyi National University, Khmelnytskyi, Ukraine The article provides an overview of the peculiarities of functioning and analysis of performance indicators of machine-building enterprises in 22 countries of the European Union and Ukraine. The article studies profitability indicators of machine-building enterprises, with an emphasis on the peculiarities of approaches to pricing. A comparative analysis of the number of machine-building enterprises and the number of people employed in machine-building in each country was carried out. The indicators of imports of machinery and equipment for agriculture from Ukraine to the EU countries are analysed in terms of the main product groups. A comparative analysis of the activities of the machine-building industry of the EU and Ukraine per enterprise, with special attention to the indicators of costs and investments, was carried out. The volumes of investments in material assets, machinery and equipment, personnel, and energy costs were analysed.  An evaluation of these indicators of the functioning of machine-building enterprises of the European Union and Ukraine has allowed to identify the key problems of domestic machine-building enterprises in the context of ensuring the competitiveness of their products in the EU market. In particular, the author has established the existence of fundamental differences between Ukrainian and European machine-building producers in terms of investment in personnel and renewal of fixed assets, which leads to a significant technological lag behind their European competitors and a lag in terms of individual productivity of personnel. https://fkd.net.ua/index.php/fkd/article/view/4191agricultural machine-buildingmanufacturers of agricultural machinerycountries of the European Union,the EU marketimport of agricultural machinery to the EUUkraine
spellingShingle Viktor Nyzhnyk
Liliia Martynova
Vitalii Sharko
Andrii Savitskyi
Lina Marshuk
Inna Vlasenko
EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
Фінансово-кредитна діяльність: проблеми теорії та практики
agricultural machine-building
manufacturers of agricultural machinery
countries of the European Union,
the EU market
import of agricultural machinery to the EU
Ukraine
title EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
title_full EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
title_fullStr EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
title_full_unstemmed EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
title_short EVALUATION OF THE UKRAINIAN AGRICULTURAL MACHINERY PROSPECTS ON THE EUROPEAN UNION MARKET
title_sort evaluation of the ukrainian agricultural machinery prospects on the european union market
topic agricultural machine-building
manufacturers of agricultural machinery
countries of the European Union,
the EU market
import of agricultural machinery to the EU
Ukraine
url https://fkd.net.ua/index.php/fkd/article/view/4191
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