Dnipropetrovsk Region is one of the most perspective, industrial and cultural well-developed centers of Ukraine, potential and reliable partner of the European Community and its business structures.
Dnipropetrovs'k Region was established in 1932. The number of population is 3 532 800 people. Today Dnipropetrovs'k Region comprises 22 administrative districts, 21 cities, 47 settlements of urban type and 1440 rural settlements.
Dnipropetrovs'k Region has powerful production potential. The share of Dnipropetrovs'k Region in the national industrial production makes 15,7% of general volume, besides the most minerals of Ukraine are extracted here. The regional enterprises provide 82% of iron-stone of the national production, 100% of manganese ore, 36% of cast-iron, 33.6% of steel, 73.5% of steel pipes, 13% of finished coal, 15% of mineral fertilizers and 24% of tires. Over 40 leading enterprises of the region got the quality system international certificates. The most developed industries are mining-metallurgical and machine-building complexes, chemical, processing and food industries.
1719 agricultural enterprises and more than 3.4 thousand farm facilities function in the region. The leading directions of agroindustrial complex are follows as growing of cereals, vegetable and technical crops, development of meat and dairy stock-raising and poultry farming. The land reform is actively developed in the region that assists to development of farm facilities. The real results of this work were in 2002: the harvest of cereals made practically 1 ton of grain per capita in the region in 2002.
Dnipropetrovs'k Region plays leading role in the field of foreign economic activity of the country. The products of regional enterprises are known in the world markets and imported by over 100 countries of the world. For the last few years the investments from 60 countries of the world were attracted in the regional economy; over 460 enterprises with foreign investments are successfully functioning in all industries of economy.
The present economic potential of Dnipropetrovs'k Region is more than 700 plants and factories, shafts, mines, mining and concentrating works, power stations, which cover about 20 main types of economic activity. The majority of products of this sector of economy was certificated and meets the European and world levels of quality.
The development of unique international project – the programme of sea launched missile complex "Maritime Start" and "Global Star" is the convincing evidence of hi-tech and competition possibilities of regional industry; the launch vehicles "Zenith" and "Cyclone" made at the Dnipropetrovs'k Plant "Pivdenmash" are used here.
By scientific and technical potential Dnipropetrovs'k Region confidently occupies one of the first places in Ukraine. At the same time, the development of modern scientific researches requires significance investments. And here international cooperation comes for help. There are many projects by the Programme "Tempus/ TACIS" EC in Dnipropetrovs'k Region. Only one Dnipropetrovs'k National University due to participation in various projects by this programme gets additionally one million euro annually. It helps not only to keep unique scientific schools and directions, which were sometimes made for centuries, but also to facilitate integration of our science and high school in European institutions. The benefit is mutual, as today the large science is created by the integrated and multinational scientific associations.
There is not exploited variety of natural minerals in the region. The regional future is in development of non-ferrous, gold mining and gold processing industries. The potential resources of gold, molybdenum, tungsten in a few districts of Dnipropetrovs'k Region testify convincingly that after full completion of geological survey works the region will have a few large deposits of gold as well as medium deposits of molybdenum and tungsten.
The Dnieper titan province, one of the biggest in the world is located in Dnipropetrovs'k Region and within its limits the loose ores of titan and zirconium are already developed. The supplies of ferrous and manganese ores, powerful deposits of uranium and perspective deposits of silicate nickel ores are known.
From the developed supplies of non-metal minerals it is possible to name the Prosyansky deposit of primary kaolin, which by supplies and quality of raw material is one of the best in the world.
For the last 5 years the annual volume of regional foreign trade turnover makes about USD 4 billion at positive balance of foreign trade. The region confidently keeps positions of one of the leading exporters of Ukraine, including export of hi-tech products.
The deliveries of mineral fuel, products of machine-building and chemical industry, paper and cardboard prevail in the structure of import.
By results of the annual rating of investment attractiveness of Ukrainian regions conducted by the Kyiv Institute of Reforms, Dnipropetrovs'k Region took the third place after Kyiv and Donetsk. Above all things, the priorities are placed in behalf of industry and trade. Taking into account the specific of the region these industries can be forecast as most attractive. In the field of services the share of foreign investments is maximally concentrated on operations with the real estate and services to the legal entities. Such industries as chemical and petrochemical, metallurgy and metalworking, food and processing of agricultural products, machine-building, cellulose-paper are less popular among investors for direct investing.
It is necessary to mark growth of direct investments volume attracted to the sphere of services to the population such as restaurant and hotel business, medical-health complex and centers of leisure. As a result the demand in direct investing in the field of operations with the real estate grew, and, the necessity of building investing is directly raised.
Taking into account potential resources of the region and already formed contacts with foreign investors the prognoses about investment attractiveness of Dnipropetrovs'k Region are positive. Therefore the information environment in the region must be extended, in particular, its leading industrial enterprises, because the region is considered as industrial historically.
Among examples of the positive influence of investments on regional economy it is possible to select such enterprises, as the JSC "Dnipromine" – manufacturer of trellis products, SPE LLC "LVS" – manufacturer of high quality furniture, JSC "Olvia Beta Trading" – production of chemical detergents, Poultry Farm «Pervomayska» and others. The leading foreign companies of world level such as Rannila, Mc Donald's' and Billa-Ukraine successfully function in the region.
The religious-spiritual life of the land is regenerated after the long years of atheistic prohibitions. For the last 5 years the number of registered religious organizations grew more than twice.
Sending its development on the future, Dnipropetrovs'k Region develops science and culture. Today about 160 thousand students are studying in higher educational establishments of the region. The creation of the network of modern educational establishments oriented to personality of child acquired the wide development. 10 higher educational establishments of the region have licenses of the Ministry of Education and Science of Ukraine on studies of foreign students. Without regard to economic difficulties, the region saved the high scientific and technical potential. Over 100 research institutions of different orientation work on solution of present problems. They enrol over 4500 candidates of sciences and 750 doctors of sciences. The scientists of Dnipropetrovs'k Region successfully solve the multi-plan tasks – from forming and realization of the space programme of Ukraine to creation of energy conservation and environment friendly technologies in mining, metallurgy, chemical industry, construction and agriculture. They developed and introduced projects at the level of achievements of world science in the region. But today both science and education need financial investments that will give possibility to modernize educational process, to create more wide information space for scientists and students and to give such equipment, which will promote the realization of the most strong scientific developments and projects.
Dnipropetrovs'k Region has great achievements in the field of culture. 1446 establishments of culture, including 9 theatres, philharmonic society, 7 museums and 765 libraries function in the region. The originality of Dnipropetrovs'k Region culture is in the Petrikivsk decorative painting and art of artistic embroidery. The activity of cinemas is renovated.
The system of social services is extended; the medical service of population gets better; the confident steps on creation of family and insurance medicine at the simultaneous saving of free medical services are done. Over 48 thousand medical specialists are employed in health protection sector on the whole.
The public order and public activity of population of the region promote the economic transformations further. The European choice of Ukraine is that pointer for Ukrainian peoples, which means construction of civil society step by step and socially oriented market economy.