Uman NUH | today: 02/04/2021

Problems of financial recovery of agricultural enterprises

Author(s) Bechko P.K., Candidate of Economics, , Uman National University of Horticulture, Ukraine
Kulik K.O., Postgraduate, , Uman National University of Horticulture, Ukraine
Category Economics
year 2013 issue Issue number 82. Part 2
pages 260-264 index UDK 338.434:631.11
Abstract The use of financial improvement measures will promote the sustainable development of the national economy, so as to ensure the continued functioning of the Ukrainian agricultural enterprises.One of the most effective factors of the financial recovery of agricultural enterprises is the use of internal and external sources of financing rehabilitation. With their help the organizational and production-technical improvements will be held, agricultural enterprises will overcome the crisis and ensure their profitability and competitiveness during the long term. Timely and efficient use of available health care procedures will avoid significant losses in the financial and economic activities, and to strengthen the competitive position of businesses. For this purpose it is necessary to improve the Ukrainian legislation, applying international experience and taking into account the peculiarities of the domestic economy. This will allow to react on the problems arising in the activities of agricultural enterprises in time, and to avoid the negative consequences.
Key words financial restructuring, bankruptcy, agricultural enterprises, financial internal sources and external financial sources.
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