mation technologies, the
realizations of innovative and investment projects, automation of
productions and management, marketing research were achieved high
results of financial and economic activities.
Priority for Sumy region in plant growing is the following: grain, sugar
beet, sunflower, potatoes. With the purpose of agricultural manufacture
efficiency increasing a number of scientific companies exceeded.
Ivanovskaya research station successfully works to improve the grades of
a winter wheat. High-quality seeds of sugar beet are delivered to the
customers of joint-stock company "Vorskla" (Trostyanets). Agricultural
firm "Sumynasinnya" is well known in Ukraine and in Western Europe as
the supplier of high-quality seeds for long-term grasses.
In livestock breeding the specialization is as following: breeding of
large horned dairy and meat cattle, pigs.
At the present stage development of agrarian manufacture is impossible
without functioning the ramified agrarian market. Therefore there are
1200 points on milk collection;
243 points on meat collection;
481 points on collection of vegetables, oil, sugar, grain;
In Sumy works agro industrial stock exchange.
The formation of active business environment during last years assisted
preservation of positive tendency of small and average business
development in region.
Now in region work 5319 small enterprises. For the last three years
their quantity has grown 1,8 times. For the same period the employment
in sphere of small business has grown almost in 1,5 times, working
places given up to 46,2 thousand persons.
3810 small enterprises or 71,6% from total are engaged in industrial
activities. 9,8% in total amount of manufacture revenues from small
business, the share of allocations is 11,9%.
Description of economic activities Quantity of the enterprises,% Number
of the workers, % Scope production (works, services)%
Industries 15,4 20,7 24,2
Construction 9,2 13,9 16,2
Trade and public catering 44,6 33,5 26,5
Transport and communication 3,2 4,7 6,3
Agriculture 9,5 9,5 10,2
FOREIGN & ECONOMIC ACTIVITIES
The ground of the balanced development of economy in Sumy region is a
formation of a modern market infrastructure, creation of high developed
and competitive industrial complex, activization of foreign trade.
The geography of foreign trade is very wide and comprises of 90
countries, where the basic part belongs to ten countries.
The most essential export deliveries are executed for Russian
Federation, China, India, Turkmenistan, Germany, Belarus and Iran.
The greatest import revenues from Russian Federation, Turkmenistan,
Germany, Belarus, Cote-d'-Ivoir, the United States of America,
Switzerland, Ireland, the Netherlands.
Commodity structure of export and import
The commodity structure of foreign trade is based on regional industrial
potential. Obvious is a prevalence of the agrarian sector.
The bases of export commodity are as follows: machines and equipment
  2