Economy

The basis of the industrial sector of the region is more than 300 powerful enterprises of different ownership.

Vinnitsa region has a diversified industrial complex. Regional industrial policy aims at the creating of favourable conditions for the local businesses.

By the volume of food of consumer goods, the region has one of the leading places in Ukraine.

 

The structure of industrial production, %

                   The largest producing companies    

Enterprise

 

Scope of activity

 

Vinnitsa Confectionery Factory, PJSC

(TM Roshen)

Confectionery products, candies

Glukhiv kaolin plant, Ltd.

The kaolin extraction

MAIAK, JSC

(TM Termiya)

The electro heating devices

Myronivsky Hliboproduct, PJSC

(TM Nasha Ryaba)

 

Production and packaging of chicken meat

Vinnytsya Oil and Fat Plant, PJSC

(TM Violia)

Oil, fats, margarine, shrots

Ltd. "Sperko-Ukraine"

Ukrainian-Spanish joint enterprise

Pharmaceutics

"Volodarka", PJSC

Official partner, known European manufacturer of menswear - TM "HUGO BOSS"

Clothes

Aricent Ukraine, Ltd.

Software

LVN Limited, Ltd.

(TM Nemiroff)

Alcoholic products

PlazmaTek PJSC

(TM Monolith, Arsenal TM, TM Standard)

Production of welding electrodes

Terra Food, Ltd.

(TM Farm,TM Tulchynka, TM Bila Linia, TM Vapniarka)

Production of cheeses and dairy products

Barlinek Invest, PJSC

(TM Barlinek)

Production of wood flooring

Lyustdorf, Ltd.

(TM Health, TM Lyustdorf)

Production of dairy products

Vinnytsia dairy plant "Roshen", PJSC

 

Processing of milk, butter and cheese production

"Agrana Fruit Ukraine", Ltd.

Concentrated juices, purees, fruit fillings

 

Foreign investments

The total amount of direct investment, attracted into the region's economy as at the 31.12.2015 is 187.1 million dollars.

A significant portion of foreign investments - 107.5 million dollars (57.5% of the total amount) is invested in the processing industry, 55.5 million dollars of this amount is included in the production of food, beverages and tobacco products, 15,1 million dollars is included in the chemical industry, 24.5 million dollars  -  in agriculture.

The structure of foreign investments by countries of investors, %

 

The agro-industrial complex

The agricultural land area is over 1.6 million hectares. The fertility of the soils in the region reaches 60-65 units (on the 100-point scale). By the size of agricultural land areas, the region takes the 9th place among the regions of Ukraine.

The region produces 7.5% of gross agricultural production in Ukraine. Vinnitsa Region has the largest sugar beet complex; it occupies the leading positions on the total gathering of grain crops. 15-18% of available areas of sugar beet and 5-6% of grain crops are concentrated in the region.

Agriculture has a grain-beet direction with the developed meat and milk animal breeding.

According to the results of 2015, the region takes the first place in terms of gross output of agriculture, including the gross harvest of sugar beets, potatoes, vegetables and fruits, milk production. The second place - in terms of meat production.

The livestock of cattle, including cows and poultry are the most concentrated in the region in Ukraine.

 

Production of major crop production, thousands of tons (as at 01.01.2016)

 

 

International trade

The foreign trade turnover in 2015 reached 1,114 million dollars. The export volumes and imports were respectively 847 and 267 million dollars, the balance of foreign trade is 580 million dollars. The head trade entities carried out the foreign trade operations with the products with partners from 121 countries.

 

The foreign trade activities, million dollars