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Why Luhansk oblast?

Business card of the region / top 10 competitive advantages

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Natural and geographical data

Luhansk region

TOP 10 COMPETITIVE ADVANTAGES OF LUHANSK OBLAST

1 Massive concentration of mineral resources as well as fuel and energy resources (the region ranks second in Ukraine with regard to the proportion of mineral resources types and their total amount).

2 The region ranks first in Ukraine in regards to economically active population of working age (78.8%).

3 1 831.9 thousand hectares of agricultural lands, 980.0 thousand hectares of which is arable land.

4 Sufficient number of industrial sites, logistically suitable for the development of industrial and technological parks (area close to such cities as Sievierodonetsk, Lysychansk, Rubizhne).

5 Having chemical research and production cluster (in Sievierodonetsk, Lysychansk, Rubizhne there is a mass of industrial enterprises producing chemical agents and products, petrochemicals, there are research institutions and establishments).

6 Small business is on a stable footing and is able to retain staff while maintaining average wages amid a sharp decline in production of large and medium-sized enterprises.

7 Having tertiary and higher education institutions with technical and humanitarian fields of study. High concentration of specialists and experts.

8 Available business support and regional development infrastructure.

9 Developed strategic documents on the development of the region (“Development strategy of Luhansk Oblast for 2021-2027”)

10 A significant number of international missions present in the region.

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Industry

Luhansk region

2019:

  • 96% industrial production index
  • UAH 2,108.5 million in volume of sold industrial products
  • 25th place in terms of industrial sales
  • 32,149 total number of employees in industry

Structure of sales of industrial products:

  • 5.3% mining and quarrying
  • 59.9% manufacturing
  • 32.3% of electricity, gas, steam and air conditioning supply
  • 2.5% water supply, sewerage, waste management
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agro-industrial complex

Luhansk region

In 2019:

  • 1831.9 thousand hectares of agricultural land, of which 1404.2 thousand hectares of agricultural land, including 980 thousand hectares of arable land
  • 19 elevators with a capacity of 765.8 thousand tons
  • 5 fruit storages with a capacity of 1.8 thousand tons
  • 2 storages for storage of agricultural products with refrigeration equipment, capacity 0.6 thousand tons
  • 42.8 thousand personal farms
  • 87 private enterprises
  • 807 farms
  • 20 state-owned enterprises
  • 152 companies
  • 11 production cooperatives
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EASTERN REGION INDUSTRIAL PARK

Luhansk region

  • Initiator of creation & ndash; Popasna City Council.
  • Location & ndash; m. Popasna
  • Territory & ndash; 15.3991 ha
  • Scheduled operation & ndash; 30 years
  • Included in the Register of Industrial Parks

Priority areas of activity:

  • production of electric and thermal energy;
  • building materials;
  • mechanical engineering, metalworking;
  • ecological processing of solid household waste;
  • light industry, production of plastic products;
  • research, electronics and IT;
  • food production, complex processing of agricultural products.
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Small and medium business

Luhansk region

As of January 1, 2020:

  • 202 medium-sized enterprises
  • 3,072 micro-enterprises
  • 454 other small businesses
  • 19,904 individuals - entrepreneurs

TOP-10 COMPETITIVE ADVANTAGES OF LUHANSK REGION

High concentration of deposits of mineral resources and fuel and energy resources. (the region ranks second in Ukraine with the share of species and quantities of mineral resources)

The region ranks first in Ukraine in terms of economically active population of working age (78.8%)

1,831.9 thousand hectares of agricultural land, of which 980.0 thousand hectares of arable land

Availability of a sufficient number of industrial sites that are logistically attractive for the creation of industrial and technological parks (the area of the cities of Severodonetsk, Lysychansk, Rubizhne)

The presence of a chemical research and production cluster (in Severodonetsk, Lysychansk, Rubizhne are concentrated industrial enterprises for the production of chemicals and chemical products, refined products; research organizations and institutions).

Small businesses are showing stability by keeping employees and their average wages amid a sharp decline in the production of large and medium-sized enterprises.

Availability of secondary special and higher educational institutions with technical and humanitarian areas of training. High concentration of specialists and specialists.

Existing infrastructure to support business and regional development.

Developed strategic documents for the development of the region ("Development Strategy of Luhansk region for 2021-2027")

Activities of a significant number of international missions in the region.

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