Please use this identifier to cite or link to this item: https://repository.hneu.edu.ua/handle/123456789/40213
Title: Food industry enterprises of Ukraine in the conditions of global integration processes
Authors: Druhova O.
Lepeyko T.
Zehetner A.
Mazorenko O.
Pererva I.
Keywords: food industry enterprises
digital transformation
global integration processes
investment attractiveness
financial stability
competitiveness
innovation technologies
Issue Date: 2025
Citation: Druhova O. Food industry enterprises of Ukraine in the conditions of global integration processes / O. Druhova, T. Lepeyko, A. Zehetner and other // Proceedings Cross Cultural Business Conference 2025, 14th – 16th May 2025. - 2025. - Pр. 125–135.
Abstract: Ukraine's food industry enterprises play a crucial role in the national economy, ensuring food security and contributing significantly to foreign trade. In the era of globalization, they face challenges such as rising international competition, adapting to global standards and regulations, increasing demand for eco-friendly products, and the need for digital transformation. This article provides a comprehensive analysis of how global integration processes influence the development of Ukraine’s food industry and its adaptation to modern market conditions. The study examines how enterprises adapt to international trade agreements, specifically the Association Agreement between Ukraine and the EU, which promotes product exports and the adoption of international quality standards. The research focuses on integration into global value chains, optimizing logistics processes, and enhancing marketing strategies for foreign markets. It emphasizes key competitiveness factors, including the adoption of innovative technologies, improved labor productivity, optimized production processes, and efficient use of resources, all contributing to industry growth. Consumer preferences shifting toward environmentally friendly products are explored, which necessitates adapting business models to sustainable development principles. It shows how enterprises employ innovative solutions, including production automation, digitalization of management processes, the development of "green" energy, and the enhancement of natural resource efficiency. The focus is on how digital technologies transform business, particularly in supply chain management, data analytics, and marketing. Specific recommendations have been proposed to enhance the efficiency of Ukraine’s food industry enterprises in the context of globalization. These include modernizing production facilities, investing in eco-friendly technologies, expanding product ranges in line with global trends, and developing long-term export strategies. Special emphasis is placed on state support through tax incentives, subsidies for innovative projects, infrastructure development for global market integration, and training programs to improve workforce qualifications. The research shows that integrating Ukrainian enterprises into global economic processes boosts competitiveness and supports sustainable industry development.
URI: https://repository.hneu.edu.ua/handle/123456789/40213
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