Analysis of current trends in innovation and investment activity of Ukrainian metallurgical enterprises

  • Received April 6, 2018;
    Accepted May 7, 2018;
    Published May 15, 2018
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  • Article Info
    Volume 15 2018, Issue #2, pp. 116-128
  • Cited by
    3 articles

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The current stage of the socio-economic development of the Ukrainian economy is characterized by an imperfect economic base, low level of labor productivity, high resource intensity and energy consumption of production. It is the result of insufficient innovation and investment activity – a leading factor in the growth of competitiveness and a serious obstacle in the conditions of increasing openness of the economy, joining the country to the processes of globalization. This also applies to the development of the metallurgical industry, which is one of the basic branches of the national economy, since its production and export potential largely determine the stability of the economy and the filling of the budget of the country.
The article analyzes the influence of financial and administrative analysis on the managerial, financial and investment activity of the metallurgical industry, which enables to assess and determine the innovation and investment level of the metallurgical industry and to analyze the structure of world steel production.
It should be mentioned that although such parts of economic analysis as financial and administrative are deepening and complement each other, they should be considered separately, because it will allow to improve organizational, informational and methodological assurance, based on methodological approaches and considering practical needs.

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    • Figure 1. The scheme of formation of accounting and analytical information on innovation and investment activity of the enterprise
    • Figure 2. The scheme of displaying the place of management and financial analysis in the general system of analysis of economic activity of the enterprise
    • Figure 3. Dynamic tendencies of steel production
    • Table 1. Comparative characteristic of types of economic analysis
    • Table 2. Dynamics of steel production by the world corporations
    • Table 3. Fixed assets of metallurgical industry in Ukraine
    • Table 4. Innovative activity of metallurgical enterprises