The Status of Integration Processes of Enterprises Development in the Economy of Ukraine

Abstract

The publication is aimed at defining the regularities of enterprise development in conditions of integration tendencies and estimation of activity of integration processes in Ukraine. Based on the analysis of statistical data, comparison of the progress of processes of mergers and acquisitions in Ukraine and world-wide, the level of activity of integration processes in Ukraine is evaluated as low. It is determined that national enterprises prefer both control and acquisition of stocks (shares, interests), at the same time the activity of creating integration structures together with registration of a legal entity is minimal. Foreign investors and enterprises with participation of foreign investors actively participate in integration processes on the basis of concentration. The following regularity is determined: national enterprises prevail in view of the number of concluded deals, and foreign ones – in view of the value of concluded deals. The integration processes in Ukraine have a pronounced sectoral specialization. The difference of the Ukrainian market of mergers and acquisitions from the global trends lies in the active conclusion of deals in the agri-industrial complex. In Ukraine, vertical integration, integration of small and medium-sized enterprises is encouraged, while institutional limitations for concentration within horizontal integration are established as well.

Keywords

• integration
• concentration
• cooperation
• market of mergers and acquisitions
• associations of economic entities
• development of enterprises