Economic Harmonization of Activities of Industrial Enterprises on the Basis of Sustainable Production

Abstract

The article considers the need to introduce various levers of economic influence and elements of sustainable production in the work of Ukrainian industrial complex as an important condition for economic growth of the company, the preservation of ecological balance and sustainable development of our State. The purpose of the article is to analyze the ways of economic harmonization of industrial companies and the search for opportunities of rational use of resources to improve their efficiency and implementation of global standards of sustainable production. Having studied the achievements of domestic scientists, certain normative acts and directions of sustainable development of the country, the authors came to the conclusion that application of economic instruments, among which tax benefits and subsidies, investment attraction, governmental support of eco-projects, financing of modernization of production process, establishment of material responsibility, stimulates industrial entrepreneurs to function on the basis of sustainable production, covering rational environmental management, regulation of ecological safety norms and indicators, the polluter pays principle, increase of energy efficiency, etc.. Such measures are encouraged at the State level by providing comprehensive support to the industrial segment of the market, but the authors emphasize that companies should be directly interested in this, because economic harmonization on the basis of sustainable production provides the economic welfare of the enterprise, allows it to become more profitable and at the same time reduce the environmental pollution caused by it. In turn, this positively affects the solution of a number of problems of economic and environmental nature, the solution of which will contribute to the sustainable development of Ukraine, in particular. The prospect of further research is the continuation of the analysis of economic harmonization as the key to positive changes in industry through the optimization of enterprises, taking into account the generally recognized standards of sustainable production to ensure sustainable development of our State.

Keywords

• harmonization
• industry
• enterprise
• sustainable production