Economic potential

Agriculture – one of the most important compounds of the economic branch of the region.

Almost 1500 including subjects of the and 551 economic activity 767 out of them are engaged in agricultural are involved in agriculture, enterprises, farming.

including crop farming – Agricultural sector of the Subcarpathian area 2.9 billion UAH, manufactures agricultural goods for the total amount of animal farming – billion UAH, 6 3.1 billion UAH.

manufacturing of gross Based production on 100 ha in 2014 made of the agricultural land, 1.177 million UAH. This value is the highest among the regions of . 25 Economic potential

Construction branch occupies an important place in the formation of the region’s economic potential.

According to the size of the dwelling per 1 person accepted into service, Ivano- Frankivsk region always occupies leading places among the other regions of Ukraine.

In order to secure construction process with goods, materials and construction – facilities which manufacture • ceramic brick (220 million of conditional units), • concrete and reinforced concrete frames (233 thousand m3), • wooden millwork (over 14 thousand m2) • and polymer materials (43 thousand items), • aggregates (over 1.1 million m3), • cement (2 million tones), • ceramic and faced tiles (over 3 million m2), • hardwood flooring (365 thousand m2), • floor cloth (5 million m2), • slaked lime (43 thousand tones), • plaster (30 thousand tones), • dry building mixes (4 thousand tones), • concrete grouts (456 thousand tones), • wallpapers (12 thousand tones), • corrugated asbestos board (112 million conditional sheets) are operating in the region. 26 Economic potential

Tourism Ivano-Frankivsk region – is the area represented with each ethnographic region – Boikivshchyna, Hutsulshchyna, and Opillia – the real touristic attraction.

Mountain skiing tourism Carpathians – is the paradise for mountain ski lovers. Here is everything for a comfortable rest: famous resorts, pistes of all complexity levels with perfectly equipped down- runs, service corresponding to the highest standards. Tourist can use the services of hotels and private cottages not far from the lower ski-lift stations, restaurants with national and European cuisine, parking lots. Centers of mountain skiing resorts: village Polianytsia (Bukovel resort), Vorokhta, Yablunytsia, Vyshkiv, , .

27 Economic potential

Hiking tourism are the perfect place for tourist hiking. Here one can cover different routes from the simple ones to the III category of complexity and see a lot of interesting things. Among them we can mention the highest mountain lake in Ukraine Brebeneskul, located on the hill of the mountain with the same name on the height of 1081 meters, the wrapped in legends lake Nesamovyte under the mountain Turkul; the highest mountain building in Ukraine – remains of the observatory on the mountain Pip Ivan; constant mud volcano near the village Starunia in district; the biggest wind music instrument – trembita (wooden cone tube without side holes, 4 meters long).

Water tourism Among the most popular types to spend free time in Ivano-Frankivsk region – is rafting on the mountain rivers Bilyi (White) and Chornyi (Black) Cheremosh, , Limnytsia. The best time for rafting on Carpathian rivers – end of April – first decade of May, when snow melting is the most intensive. Carpathian rivers may be conquered on kayaks, Aleutian kayaks, catamarans, floats. Dnister canyon may be passed on floats and rafts from May till September. From 2015 one can also raft on the unique broad-bottomed vessel ‘Yurii’. 28 Economic potential

Extreme tourism The most attractive locations for rock climbing are Dovbush rocks (stow Zalomy near village Bubnyshche), Sokilskyi mountain chain (Kosiv district), Bilyi Kamin (village Dora, near ). Terrain near villages Odai and Isakiv ( district) creates possibility for hang gliding. Here, on the hills of Dnister canyon, during the last fifteen years hang gliding and paragliding sport competitions have taken place. There is a training center for paragliding in the village Lukvytsia (Bohorodchany district). Every year extreme tourism fest ‘Mizunska Zvuhoda’ takes place near the village Novyi Mizun which program includes interregional competitions on mountain bikes. Tours on mountain bikes and quad-bikes are becoming more and more popular.

Business tourism Visiting Ivano-Frankivsk region one can not only rest, but also work productively, combining pleasant and useful. It has become a good tradition for a lot of national and foreign companies to perform corporate meetings, workshops, business meetings, celebrations in the resorts of Subcarpathians. The majority of the hotels in the area with conference halls are equipped with corresponding appliances and have sufficient experience in conducting of such events. 29 Foreign investments

In 2014 rating on the investment attractiveness was presented in Kyiv, according to it Ivano-Frankivsk re- gion occupied the second place among regions of Ukraine. Such positions as infrastructure development, availability of manpower, natural resources, business Total amount of the direct climate, authority openness, work conditions for busi- foreign investments ness, etc. were taken into consideration. (share capital), provided for the enterprises of the region, as at December 31, 2015 made 836.6 million USD.

Direct foreign investments (share capital), involved by the enterprises of the region 925,9 (with the increasing summary as 813,8 836,6 at the beginning of the year, million USD) 635,1 624,0 642,7

500,8 512,5 404,8

183,5 120,9 136,7 69,9 96,0 40,1 46,3

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

30 Foreign investments

The region took 606.3 USD Among the place of the foreign regions of Ukraine 9-th this value took the in the ratio of the investments fell foreign share capital which as at on one citizen. in the total amount 31.12.2015 made 5-th of direct foreign place. investments of Ukraine, 1.9%.

As at December 31, 2015 From the start of the investment deposited investments were obtained from (% from the total amount of the share capita) non-residents from 51 different EU countries – countries of the world. High priority place in the investment into the 766.9 million USD economy of Ivano-Frankivsk region belongs to countries of the European From the Union. other countries of the world – 69.7 million USD Five main investing countries, forming 85.1% of the general amount of the direct investments, include:

Cyprus Netherlands Poland Serbia Denmark 420.8 million USD 193.1 million USD 38.4 million USD 30 million USD 29 million USD 31 Foreign investments

During the whole investment period the investors preferred to deposit their assets into the industrial enterprises, which received 626.7 million USD (74.9% to the general amount).

Structure of the direct foreign investments (according to types of economic activities)

Agriculture 7,8%

Food processing industry 38,9%

Consumer goods industry 1,7%

Woodworking industry 2,2%

Chemical industry 23,2%

Manufacturing of construction materials 5,0%

Construction 2,8%

Trading 11,7%

Other branches 6,7%

32 Foreign investments

As a result of the successful collaboration with the foreign investors a lot of new facilities are built or technologically renewed in the region namely, manufacturing of automatic washing machines in Electrolux Ukraine LLC (Ivano-Frankivsk), manufacturing of the electric cable products for the cars in Tyco Electronics Ukraine Limited LLC, manufacturing of chloride and caustic soda, manufacturing of turbid polyvinyl chloride in Karpatnaftokhim LLC,

manufacturing of table cloth (TarkettVinisin LLC),

manufacturing of wallpapers (Sintra LLC) in Kalush,

manufacturing of goods from wires using the contact welding method (Dana Metal Ukraine LLC) in district, Катз manufacturing of plastic pipes in Kalush Pipe Plant LLC, manufacturing of hardwood flooring and goods from built-up wooden panels (Solid Ukraine LLC, Ivano-Frankivsk), manufacturing of reinforced concrete frames (Try Betony LLC) in Kalush,

manufacturing of tafting covering (Sintelon UA LLC in Kalush),

manufacturing of sawdust laminboards on Broshniv affiliate enterprise of Krono Ukraine LLC, manufacturing of paper envelopes (Kuvert Ukraine LLC) in Ivano-Frankivsk, animal farming complexes and biogas plant with the power of 1.1 MW are put into service in Danosha LLC, as well as elevators for grain storage, solar electric station Bohorodchanska-1 and many other objects. 33 FoREIgn InVESTMEnTS

MaIn FoREIgn InVESToRS In ThE EconoMy oF ThE REgIon

hIgh pRIoRITy SphERES FoR InVESTMEnT:

touRIstIC-ReCReatIonaL InFoRMaTIon TEchnoLogIES coMpLEXES

tRansPoRt-LoGIstICs FooD PRoCessInG InDustRy InFRastRuCtuRe

aLteRnatIve eneRGy anD MachInE EngInEERIng eneRGy savInG teCHnoLoGIes

34 InVESTMEnT REaL ESTaTE

WoRK on cREaTIon and dEVELopMEnT oF ThE InduSTRIaL paRKS IS BEIng pERFoRMEd In ThE REgIon.

Concept of ‘’ industrial park is approved by the decree of Dolyna city council dated 31.10.2013 no 1270-35/2013. on February 3, 2014 ‘Dolyna’ industrial park was recorded in Registry of industrial parks.

Burshtyn city council adopted decrees dated 24.10.2014 no 17/46-14 ‘on concept of ‘’ industrial park’ and no 18/46-14 ‘on creation of ‘Burshtyn’ industrial park’. the question as to inclusion of ‘Burshtyn’ industrial park into the Registry of industrial parks in accordance with the demands of the law of ukraine ‘on industrial parks’ is being processed.

35 Investment real estate

Kalush city council adopted a decree dated 06.06.2013 No 1944 ‘On adopting the Concept of ‘Kalush’ industrial park’. Search of the potential investors interested in realization of their projects on this territory is being performed.

Kolomyia city council developed and approved Concept of ‘’ industrial park’. Currently a land use project is being under development in order to allocate a land plot and create an industrial park.

Potential investors can use information about over 90 free land plots for realization of the investment projects, which is placed on the internet sites of the state and local authorities of the region. 36