Informational and organizational measures regarding the support and ensuring the functioning of relocated businesses in Ukraine and ensuring of Ukrainian enterprises innovative development during the period of war and post-martial state as priority direction of economic policy implementation

Author:

Iryna Andrushkiv1ORCID,Uliana Ratuch2ORCID

Affiliation:

1. State University "Institute of Regional Studies" named after E. Dolishnyy

2. Lviv Polytechnic National University

Abstract

The article examines the problem of relocated businesses functioning that rely on support for recovery, relaunch and ensuring the financial stability even in conditions of war, attracting of foreign investors despite all the complexity of the situation and provision of domestic business with investment resources. It is noted that the issues of attracting foreign investors even in war conditions, the need to make non-standard decisions, which relate to the support and ensuring the functioning of the relocated business in Ukraine, which is counting on support to recovery, relaunch and ensuring the financial stability remain not fully explored. Insufficient coverage of the outlined questions determines the relevance of the chosen research topic. The fact that in order to preserve the activity and ensure the conditions for the development of those business subjects who found themselves in hot zones where active hostilities are taking place, the problem of ensuring relocation to safe regions of Ukraine or abroad has become acute. In the process of relocation the priority for financial and organizational support from the state was given to strategic enterprises and companies that produce essential goods, as well as those enterprises that could independently ensure the dismantling and transportation of their facilities to the nearest "Ukrzaliznytsia" JSC station. It was emphasized that the regions of the Carpathian region of Ukraine have become the main economic hub for relocated businesses, as they have a higher level of economic security in the wartime period compared to other regions, high export potential, opportunities to restore and increase the volume of foreign trade with EU member states. It is noted that even in the conditions of war the state tries to attract foreign investors who have the opportunity to enter the Ukrainian financial market and buy securities under a simplified procedure, and the Ministry of Finance launched an auction for the sale of military bonds in order to ensure defense and social needs in conditions of martial law. It was concluded that effective relocation of enterprises in modern conditions of war is an important strategic priority both in the direction of preserving the economic potential of our country and in the direction of the formation of its balanced spatial development, investment support plays a key role in the innovative processes of the development of Ukrainian enterprises and is a driving force in the stabilization of the economy as a whole.

Publisher

West Ukrainian National University

Reference9 articles.

1. Vasyltsiv, T. G. (2022). Socio-economic problems of the modern period of Ukraine. Economy and Management of the National Economy, 2 (154), 3-24.

2. Study of Ukrainian business during military operations. (2022). Advanter Group: website. Retrieved from: https:// advanter.ua/?fbclid=IwAR11S9iDa_XaSvMjdNp90ENkTtl7vRpt86fAJJ0pN0o-ZtsY0dGkNdUiHCk.

3. Economics and analytics of Ukraine. (2022). MEDIA-DK Publishing House. Retrieved from: https://biz.nv.ua/economics.html.

4. Melnyk, M. I., and Leschuh, I. V. (2022). Peculiarities, problems and incentives of the relocation of national production in conditions of war. Regional Economy, 2022, No. 2. C 93-99.

5. Libanova, E. M. (2022). On assessing the scope and consequences of forced external migration of the population of Ukraine: Transcript of the report at the meeting of the Presidium of the National Academy of Sciences of Ukraine on March 23, 2022. Bulletin of the National Academy of Sciences of Ukraine, 5, 17-23. https://doi.org/10.15407/visn2022.05.017.

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