Modern transnationalization of the Ukrainian economy

Abstract

The article discusses the main distinguishing features between transnational companies and other foreign companies. The aim of the article is to assess the degree of transnationalization of the market and the activities of the leading TNCs in Ukraine. The article uses general scientific methods of analysis and synthesis, systematization and comparison. The authors analyzed the rating of the largest companies in Ukraine for 2020 with the allocation of Ukrainian branches of world TNCs. Among the transnational corporations that occupy a leading position in the world, only 15 operate in Ukraine. The positions of these TNCs in the «Global 500» rating were determined. The leading Ukrainian companies are companies in such economic sectors as energy and metallurgy, the role of the agro-industrial complex and companies of IT is increasing. ISSN 2664-245Х № 4 (98) 2021 99 A distribution of branches of multinational world corporations among the 200 leading enterprises of Ukraine in terms of income was made. Sectoral analysis of the largest enterprises in Ukraine points to their raw materials, which means that the potential for production and innovation is not exploited. The prospects for the transnationalization of the Ukrainian economy are the strengthening of social responsibility of TNCs, their innovation and investment activity, the creation of new jobs to solve the social problems of the country. Transnationalization is one of the potential ways for social and economic development of Ukraine, which provides an opportunity to create new investment incentives, increase the competitiveness of the country and improve the level and quality of life of the population.

Keywords

• tncs
• foreign companies
• rating
• socio-economic development