Problemi Ekonomiki (Jun 2018)

Analysis of the Work of Construction Organizations in Regions of Ukraine in the Context of Crisis Management

  • Kurhanska Maryna К.

Journal volume & issue
Vol. 2, no. 36
pp. 152 – 158

Abstract

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The work of construction organizations in regions of Ukraine in the context of crisis management is analyzed. The author notes that crisis management should be based on diagnosing or analyzing the state of the industry in order to identify problems in its management system that result in complications in the financial status of the industry or an enterprise. Systems analysis of construction organizations in regions of Ukraine in the context of crisis management will allow considering in the aggregate a number of factors that serve as indicators of the problem. There carried out an estimation of the volume of completed construction works in the construction of buildings and engineering facilities, which proved that starting from 2016, a significant increase in the volume of completed construction work is observed. It is noted that in a down economy a new construction work as an economic process that requires large investments certainly causes a decrease in the volume. To identify trends by regions, the author calculated the ratio of new constructed and reconstructed housing. A study of the change in the construction products index for 2011-2017 was conducted, and its comparison with the change in the volume of completed construction works for the same period revealed an unconditional dependence of these indicators. The distribution of the gross domestic product of the construction industry in Ukraine is analyzed. To determine the changes in the GDP growth rate, the author calculated the relative indicators (increase / fall in relation to the previous year, in percentage terms) based on statistical data. It is revealed that the share of capital investments directed to construction in the total volume of capital investments in recent years practically did not change. The conclusion is made that, to significantly improve investment in the development of construction in Ukraine, an urgent issue is the improvement of the legal and organizational basis for increasing the capacity of mechanisms of ensuring a favorable investment climate in the construction industry and forming the basis for preserving and improving the competitiveness of the domestic economy.

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