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Farmaco Business Development Friesland

ODESSA REGION

The Odessa region is situated in South Ukraine where it borders the Black Sea. The port of Odessa is among the most important ones in the Ukraine.

Odessa region is mainly characterized by traditional but also innovative industries. In 2003, growth rates of industrial production amounted to 18% which was higher than overall production growth rates of the Ukraine. Thereby, most growth is observed in the food-processing industry, machinery, chemical and the petrochemical industry.

 

Almost 70% of the total area of the region is agricultural land. The main agricultural products are winter wheat, maize, barley, millet, sunflower, fruits, vegetables, grapes and sugar beats. In general, the region experiences a growing labour force and unemployment is low. Agriculture is the second leading sector in the region in terms of volume of production and employment. The agricultural sector provides jobs for 35% of total population and it creates almost 50% of regional budget. More than 800 enterprises and more than 6000 private farmers are working in this sector.

Transport infrastructure is favourable. Apart from a total of 8 ports, there are two international transport corridors passing the region, which makes Odessa an important transport hub.
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