Premium Essay

Ukraine on the World Tourist Market

In: Business and Management

Submitted By danil128
Words 12452
Pages 50
KROK University of Economics and Law
International Relations Faculty
International Economics and Business Department

Research Paper:
“Ukraine on the world tourist market”

4th year student Scientific advisor:

“International Economics-KROK Exclusive” PhD., Associate Professor
Programme :

Titarenko D.Y. Ilarionova N. M. _________ (signature)

______________________ ( resolution “For defence” ) ___________ _________________ ( date ) ( signature)
Contents Introduction 3 1.1. Characteristic of tourist activity and its influence on economy of Ukraine 7 1.2. Tourist resources and infrastructure - the main components of development of tourism at Ukraine 16 Section 2. A place of Ukraine in development of the international tourism 20 2.1. Development of the Ukrainian travel business and its role in the international tourism 20 2.2. Modernization of tourist and recreational capacity of regions of Ukraine 24 Section 3. A condition and prospects of development of tourism and travel business in Ukraine 30 Conclusions 37 The list of the used sources 41


Background. Development of recreation and tourism sector in many countries is today one of the main…...

Similar Documents

Free Essay

The Economy of Ukraine and Ukraine in the Global Economy

...The economy of Ukraine and Ukraine in the global economy Petrusha Helena Ukraine’s economy has a great potential to perform successful in the world. It can be characterized by such strong sides: - well educated labour force, - large domestic market, - well developed industrial base, - access to a variety of resources, including some of Europe’s best best agriculture land, significant coal and some oil and gas reserves, - strategic location connecting Europe, Russia and Asian markets. Nevertheless, Ukraine ended up among the least successful transition economies. The reasons for such a poor performance are different, but we should emphasize on the weaknesses deriving from overcentralised command economy during the Soviet period. I’d like to draw your attention to the Ukraine economy past in order to understand its current situation. Large and often inefficient state-owned factories, enterprises and collective farms wasted resources and emphasized quantity over quality. Prices were fixed and consumer goods were often in short supply. Excessive spending on the military hurt the civilian economy. For the last decades Ukraine is moving to market economy, where the forces of supply and demand and private ownership guide the allocation of resources. The transition to market economy is politically and socially difficult because of experience of rising inflation, unemployment and economic uncertainty before the long term benefits of market economy. The next point of......

Words: 658 - Pages: 3

Premium Essay

Mergers and Acquisitions in Ukraine

...countries…………………………………….16 2.3. The M&A experience in USA…………………………………………………22 CHAPTER 3 Mergers and acquisitions in Ukraine.....................................................32 3.2. Legislature of Ukraine in the sphere of M&A………………………………...32 3.3. M&A of Ukrainian corporations…………………………………………........33 3.4. M&A of Ukrainian banks……………………………………………………..40 CONCLUSION...........................................................................................................46 REFERENCES...........................….………………………………………………...48 PREFACE   Strategic factor in the success of companies on global markets and increasing international competitiveness is the growth their market value. Current global trends show an increasing relevance of financial management, which deals with the dynamics of cost and capital structure of companies, institutions of financial flows. Achieve business objectives may be able through funding than their own and borrowed funds and restructuring of companies through mergers or acquisitions. Recently, throughout the world there is an increasing trend on transaction captures, purchase, friendly acquisitions and allocations, corporatization and privatization, diversification. Grim relentless competition requires from Ukrainian producers to making strategic decisions on expansion and entry into international markets, and using of effective mechanisms to consolidate on their solid positions. Not......

Words: 12388 - Pages: 50

Free Essay


...UKRAINE Name Class Affiliation Instructor Date Introduction Ukraine is in Eastern Europe, and borders Russia to the east, Poland, Hungary and Slovakia to the west, Moldova and Romania to the Southwest, and Black and Azov Sea in the south. It covers an area of an approximated 603, 628 km sq, thus making it the second largest European country, after Russia. Ukraine became an independent State in 1991, after the dissolution of the Soviet Union. The Soviet Union had depressed the Ukraine economy, although after its dissolution, the economy of Ukraine has shown a positive trend of increase in the Gross Domestic Product (GDP)[1] .Ukraine is a united state, with 24 states, Crimea, and 2 large cities: Sevastopol and Kiev. Language The official Ukraine language is Ukrainian. This is an East Slavic language, which is a native language among 67.5 % of the population in Ukraine. Russian is used by about 29.5 % of the population in Ukraine. The rest of the people speak other native languages. Ukraine uses the Slavic language, which is written as Cyrillic script. Current Ukraine languages include Ukrainian, Russian, Polish, Romanian, German, Hungarian, Armenian, Crimean, Tatar, Greek, and Georgian. There are other minority languages used in Ukraine. Culture The word Ukraine refers to a borderland, and in the context of this paper, it explains why Ukraine has a diverse culture. The culture of Ukraine has......

Words: 1348 - Pages: 6

Premium Essay


...Checklist for Short-stay (Non Professional/Tourist) YES NO 1 Application form : Fully completed in English or French, signed and dated by the applicant. If the applicant is under the age of 18 both parents must sign the form. Two passport photographs : Requirement : Frontal view of the head, recent, lifelike. In color with a uniform and light-colored background. Clear facial features and eyes – not covered by hair or frame of glasses. Head coverings are accepted for religious reasons. (See illustrated guide for photo for French visa) Passport : Validity of at least 90 days from the date of expiry of the requested visa (and issued less than 10 years ago) . UAE residence visa valid at least 90 days from the date of expiry of the requested visa. At least two free pages. 2 copies of personal data pages of the passport, Previous Schengen/ UK / US visas and UAE residence visa. 2 3 4 Original letter from the local employer stating purpose of travel, position, monthly salary and begin date of employment in the UAE. Copy of last six months personal bank statements. Copy of ITINERARY prepared by the travel agency (for those going on tour) Copy of Overseas Medical Insurance policy + Repatriation, evacuation cover (minimum coverage equivalent to €30,000) valid for all Schengen countries. Copy of Air Ticket or PNR (Booking printout) 5 6 7 8 9 Confirmed Hotel booking (with hotel letterhead, full address, telephone/fax numbers) or original and a photocopy of......

Words: 357 - Pages: 2

Free Essay

Pike's World Famous Fish Market

...The world famous Pike Place Fish Market in Seattle Washington is a model in inspirational management employing various motivational techniques in the operations of the business. Owner John Yokoyama lifted the business from near failure to a successful business by applying the belief that you can make a difference for every human you come into contact with, if only for that moment. He has evolved his management style from “tyrant boss” to a leader that gives the power away (Luchtman, K., 2003). Motivational elements displayed in the managing of the fish market begin with the most important element of trust. Yokoyama had to learn to trust his employees to be able to do their jobs without his presence looming over them and in turn his employees have to be able to trust him as an employer that they would be allowed to take ownership of their jobs. He employs the power of personal responsibility in his market, which says every situation that occurs in the employee’s life his responsibility in the way he reacts to it. He emphasizes the need to avoid becoming a victim of circumstance by addressing situations as they occur. As a manager he addresses the needs of each employee based on where they were at or what has happened in their life and not based on a uniform code of behavior or methodology. He engages each employee as a human being, not a number and makes a conscious effort to make a difference in his employee’s lives. Yokoyama challenges his employees to create possibilities......

Words: 813 - Pages: 4

Premium Essay

Interdependence of World Financial Markets and Foreign Exchange Fluctuations

...K. Kuperan Viswanathan SHORT PAPER #1 INTERDEPENDENCE OF WORLD FINANCIAL MARKETS AND FOREIGN EXCHANGE FLUCTUATIONS Submitted by: ZAHARIN BIN ALI MATRIC No. 95906 June 14, 2014 Short Paper #1 Page |2 1. INTRODUCTION With the increase in advancements in transportation and communications made possible by technology, the world has seen exponential growths in economic ties among all nations. In the last few decades, globalization has resulted in a rapid surge in the interchanging of goods and services reaching across further and faster beyond national borders, whilst increasing the interconnectedness of different markets and cultures. These economic ties come in the forms of international trade, foreign direct investment and monetary integration, made possible with the complementary increase in the interdependence of international financial markets. With further liberalization and deregulation, financial market interdependence grew in momentum alongside the worldwide capital mobilization. This growing interconnectedness of all the world financial markets and the degree of their interdependence have themselves created a subject of substantial interest among economists. The recent global financial crisis has only elevated this interest further, as the impact of U.S. subprime crises on the world economies have provided evidence of global financial markets interdependence. Many international stock markets, for example, experienced their worst abrupt declines in......

Words: 4027 - Pages: 17

Free Essay


...Ukraine is a sovereign state; its independence was proclaimed in 1991. Ukraine is situated in the east of Europe. The territory of Ukraine is 603 700 square kilometres. Ukraine borders on Russia, Belarus, Poland, Moldova, Slovakia, Hungary, and Romania. It’s washed by the Black Sea and the Sea of Azov and has very important ports. Ukraine is larger than France and Great Britain but considerably smaller than Russia. 5% of Ukraine’s territory is mountainous; the rest part of the Ukrainian area is flat. Ukraine has the Carpathians and the Crimean Mountains. The Carpathians is the natural mountainous boundary of Ukraine. They are covered with mixed forests of pine, fir, beech and oak trees. There are the thickest forests in Volyn, which are part of the famous Byelovezhskaya Puscha. The Dnieper is the main river of the country; moreover, it’s the third longest river in Europe. Such rivers as the Dniester, the Danube, the Southern Bug and the Seversky Donets are also important. The population of our country is about 46 million people. Besides Ukrainians the representatives of many other nationalities live there: Russians, Jews, Belarusians, Moldavians, Romanians, Greeks, Tatars, Poles, Armenians, Germans, Gypsies and other ethnic minorities. They contributed to Ukraine’s culture and history. The biggest cities of Ukraine are Kyiv, Kharkiv, Lviv, Dnipropetrovsk, Zaporizhzhya, Donetsk, Odessa, Mykolaiv and others. Ukraine is developed industrial and agricultural country.......

Words: 323 - Pages: 2

Free Essay

Stock Markets Around the World Plummeted

...Stock markets around the world plummeted on Thursday, signaling that investors have not gotten over the shock of China’s devaluation last week and remain nervous about the health of the global economy. The selling began in Asia, punishing Chinese stocks once again. It then moved to Europe, walloping markets in Germany and Italy, and ended with a rush for the exits in the United States. Along the way, the price of oil traded near six-year lows and currencies of developing countries suffered further pain. Astonishingly, the currency of Kazakhstan lost a fourth of its value against the dollar after the country’s government let it trade freely in the markets. Continue reading the main story RELATED COVERAGE Traders outside the New York Stock Exchange. The bull market is showing its age, analysts say.Fair Game: Doubt Starts Chipping Away at the Market’s Mind-SetAUG. 14, 2015 Workers in Tiananmen Square on Friday in Beijing preparing the area for a large military parade on Sept. 3 to commemorate the 70th anniversary of the end of World War II. The devaluation of the renminbi should give a boost to Chinese exporters.China’s Currency Stabilizes After 3-Day SlideAUG. 14, 2015 The devaluation of the renminbi, nearly 2 percent against the dollar, may help revive the Chinese economy.Global Selling Shows Concerns About China’s WeaknessAUG. 11, 2015 “It was a bad day — everything came together,” said Howard Silverblatt, senior index analyst at S.&P. Dow Jones Indices. Mr.......

Words: 356 - Pages: 2

Free Essay

Operating a Goodwill in the Ukraine

...Operating a Goodwill in Ukraine Abstract The Ukraine is currently experiencing a crisis which started when former President Viktor Yanukovych disregarded a deal with The European Union for strong relations with Russia. Riots have been going on for over a year and gangs have formed. The number of deaths occurring are increasing, while The Happy Planet Index scored The Ukraine a 37.6 and is ranked number 100 out of 150 countries. There are many influences regarding business in The Ukraine including: cultural, economic, legal, political, and government. The Ukraine is involved in some international organizations including The United Nations. When trying to open and operate a Goodwill in The Ukraine there will be many importing, exporting, and marketing strategies. By opening and operating a Goodwill in Ukraine, there is an opportunity for the company to help the citizens who are effected by the crisis which may help bring The Happy Planet Index for the country up. Operating a Goodwill in Ukraine The Ukraine has a long historical background. From the beginning of The Ukraine’s creation to the year 1712, there has been four significant periods. “During the Miocene Period in Tertiary Age of Cenozoic Era, some 12 million years ago, most of Ukraine was covered by sea” (Hrushevs'ky, Skoryk, "History of Ukraine"). Between the years 879 and 1913, The Ukraine had been dominated by several groups. Originally, The Ukraine was divided between three Princes who were brothers.......

Words: 2813 - Pages: 12

Premium Essay

World Starch Market

...Starch Sector's Blog A Blog Dedicated to Emerging Starch & Starch Derivatives Sector Skip to content * Home * About Category Archives: Reports on Individual Indian Companies ← Older posts Indian Starch Sector Leader as well as World Starch Major Roquette are Tarnishing their Reputation by Not Coming Clean on the Acquisition Posted on January 22, 2011 by starchsector The day from which World Starch Major Roquette Freres announced the acquisition of Indian Starch Sector Leader Riddhi’s all runnning plants, there is widespread discontent amongst the minority shareholders of Riddhi Siddhi who are feeling cheated by the management of … Continue reading → Posted in Riddhi Siddhi Gluco Biols | Comments Off Roquette Enters India by Acquiring 3 Plants and straightaway getting 35 % Marketshare of Indian Starch & Starch Derivatives Sector — An Extremely Positive News for the Sector Posted on January 10, 2011 by starchsector On 7th January 2011, Starch Sector leader Riddhi Siddhi Gluco announced board approval for a restructuing exercise wherein it is transferring all its running plants into a subsidiary and World’s 3rd largest cornstarch player Roquette is taking a majority … Continue reading → Posted in Riddhi Siddhi Gluco Biols, Starch Sector News | Comments Off Riddhi Siddhi Gluco Biols Ltd. – Q2 FY11 Results Analysis – Target Price Revised to Rs. 740 Posted on November 11, 2010 by starchsector Riddhi Siddhi Gluco Biols Ltd. – Q2 FY11 Results......

Words: 1026 - Pages: 5

Free Essay


...ratio in Table 1 shows, from 1997 to 2000, when the sales growth rate increased significantly, the assets growth rate declined or maintained stable. Therefore, there is an urgent need to increase the investment to meet their sales growth goal. Table [ 1 ] Asset Utilization | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 |   | Actual | Actual | Actual | Actual | Proj'd | Proj'd | Sales growth rate % | 4.0% | 7.9% | 22.2% | 12.6% | 14.8% | 12.6% | Assets growth rate % | 6.0% | -0.9% | 6.0% | 4.5% | 10.9% | 8.4% | b) Investment environment in Ukraine i) Ukraine has a relatively large population of 52 million and strategic location within Central and Eastern Europe, making it particularly attractive. ii) From 1995, the Ukrainian government supported the privatizations and market reforms, which suggested a valuable chance to expand, since their privatizations and market reforms were still continuing. iii) Since their beer was very popular for its full-bodied, malty taste, the fragmented nature of the Ukrainian beer industry provided opportunities for Deutsche Brauerei to get more sales....

Words: 264 - Pages: 2

Premium Essay

Scorecard of Ukraine

...Scorecard of Ukraine First of all, we would like to say a few words about Ukraine as a country. Ukraine is located in the southeast part of central Europe. From East to West it covers 1,316 km, and from North to South 893 km. With the area of 607.3 km2 Ukraine is a second largest country in Europe and the forty forth – in the world. The population of Ukraine is 46,143.7 thousand inhabitants. By land Ukraine borders Russia, Belarus, Poland, Slovakia, Hungary, Romania and Moldova, whilst bordering with three more by sea: Bulgaria, Turkey and Georgia . Ukraine is bounded by the Black and the Azov Seas, with 2,782 km of coastline. Map of Ukraine. Source: Graphic Maps ( Ukraine has experienced the significant population decline of 10.5% since announcing its independence – from 51.838 million in 1990 to 46.1 million in 2008. The birth rate has been increasing since 2001 and reached 10.2/1000 in 2007. However, death rate has also increased to 16.4/1000, which accounts for the negative National growth of -6.2/1000. The average life-expectancy at birth is measured to be 68.25 years in 2006 – 2007. The average population density in 2008 is 77 people per sq. km. While preparing the scorecard of Ukraine, our team have chosen the most important indicators, economic ones as well as non economic indicators, which are able to reflect the economic health of the country and to gauge a country’s standart of living in order to show an investment opportunities. First...

Words: 1444 - Pages: 6

Free Essay

Role of Counter Trade in the World Market

...Role of countertrade in the world market Noted US economist Paul Samuelson was skeptical about the viability of countertrade as a marketing tool, claiming that "Unless a hungry tailor happens to find an undraped farmer, who has both food and a desire for a pair of pants, neither can make a trade". (This is called "double coincidence of wants".) But this is arguably a too simplistic interpretation of how markets operate in the real world. In any real economy, bartering occurs all the time, even if it is not the main means to acquire goods and services. The volume of countertrade is growing. In 1972, it was estimated that countertrade was used by business and governments in 15 countries; in 1979, 27 countries; by the start of 1990s, around 100 countries. (Vertariu 1992). A large part of countertrade has involved sales of military equipment (weaponry, vehicles and installations). More than 80 countries nowadays regularly use or require countertrade exchanges. Officials of the General Agreement on Tariffs and Trade (GATT) organization claimed that countertrade accounts for around 5% of the world trade. The British Department of Trade and Industry has suggested 15%, while some scholars believe it to be closer to 30%, with east-west trade having been as high as 50% in some trading sectors of Eastern European and Third World Countries for some years. A consensus of expert opinions (Okaroafo, 1989) has put the percentage of the value of world trade volumes linked to countertrade...

Words: 336 - Pages: 2

Free Essay


...Ukraine is a country in Eastern Europe. Ukraineborders the Russian Federation to the east and northeast, Belarus to the northwest, Poland, Slovakia and Hungary to the west,Romania and Moldova to the southwest, and the Black Sea and Sea of Azov to the south and southeast, respectively. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after the Russian Federation. According to a popular and well established theory, the medieval state of Kievan Rus was established by the Varangians in the 9th century as the first historically recorded East Slavic state which emerged as a powerful nation in the Middle Ages until it disintegrated in the 12th century. By the middle of the 14th century, Ukrainian territories were under the rule of three external powers—the Golden Horde, the Grand Duchy of Lithuania, and the Kingdom of Poland. After the Great Northern War (1700–1721) Ukraine was divided between a number of regional powers and, by the 19th century, the largest part of Ukraine was integrated into the Russian Empire with the rest under Austro-Hungarian control. A chaotic period of incessant warfare ensued, with several internationally recognized attempts at independence from 1917 to 1921, following World War I and the Russian Civil War. Ukraine emerged from its own civil war, and on December 30, 1922 Ukrainian Soviet Socialist Republic became one of the founding republics of the Soviet Union. The Ukrainian SSR's territory was......

Words: 817 - Pages: 4

Free Essay

Influence of Chinese Culture on World Markets

...Influence of Chinese Culture on World Markets China has one of the largest populations in the world, it stands to reason cultural beliefs and trends would hold sway with many of the major manufacturers who sell internationally. Markets such as music, movies, television and video games are all affected by the preferences of one of the largest consuming countries on Earth. If a certain type of movie is popular the time, it’s only reasonable that the movie producers would cater to that. The influences are wide spread and well defined in nearly all forms of pop culture. China, as a nation, is growing very rapidly, both economically and in terms of population. They’re spending power has grown nearly 57% in the last five years alone. This allows them to invest in foreign markets on an immense scale, and therefore hold considerable sway over what is produced and distributed. Industry is moving East, and as such, so is a lot capital which fuels this investment. The continuing growth is expected to be at least 30% in the next year for most major industries. Movies with martial arts sequences tend be very popular. Even if the actors are not themselves of Asian descent, the fighting styles are visually interesting, and therefore the movies do well. Actors like Jet Li, Jacky Chan and many, many more have revolutionized movie making by implementing different forms of karate, tai kwan do and other fighting styles. Movies like The Matrix, Crouching Tiger, Hidden Dragon and The Last...

Words: 1068 - Pages: 5