Sumy
Sumy

Sumy

Sumy

$

Investment potential
Area 23,800.00
Population 1,060,000.00
CPI 111.00
GRDP 1,015.80
RIA 1.28%
Patronage Canada. Switzerland - Trostyanets
Energy supply JSC Sumygas
Supplier JSC Sumygas
Availability 100%
Connection procedure

Sumy Oblast is located in the northeastern part of Ukraine. The administrative centre of the region is Sumy city.
In the northeast, the region borders Bryansk Region (Russia), in the east – with Belgorod and Kursk Regions (Russia), in the southwest – with Poltava Region, in the south – with Kharkiv Region, in the west – with Chernihiv Region. Seven main rivers flow through the territory of the region, the largest of which is Desna. Sumy region is located 334 km from Kyiv, 199 km from Kharkiv Airport and 744 km from Odesa Seaport. It has Sumy airport and international roads E-38, E101, E381, E391 and M-02.
Sumy Region is administratively divided into 5 districts, 15 cities, 20 urban-type settlements, and 1458 villages.
The main types of industrial activity of the region are: chemical engineering, pump and power engineering, agricultural engineering, instrument building and radio electronics, production of technical equipment for processing fields of agro-industrial complexes, mining and iron ore industry, printing industry and drug production, oil and gas processing, chemical production, production of film and photo materials, production of chemical fertilizers.
Regional GDP was 2.9 billion USD (1.91% of Ukraine’s GDP), FDI stock was 624 million USD (main foreign investors are Kusum Pharm, Technologia, Gualapack, Mondelez, Grain Alliance), and export was 0.9 billion USD (2% of Ukraine’s export).
Industry specialization: food products, chemical products, high technology engineering.
Natural resources of the region: oil and gas, amber, building materials, peat, phosphates, and sand.
There are 7 universities and 8 technical schools in the region. The leading universities are the Sumy National Agrarian University, the Sumy State Pedagogical University named after A. S. Makarenko, and the Sumy State University.
The unemployment rate in the region was 10.1% (average in Ukraine 9.9%) and the average salary was 375 USD (average in Ukraine 430 USD).

Investment opportunities in Sumy

Construction of a 6.5 MW solar power plant (to ensure the operation of electric transport)
Fuel and Energy
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Fuel and Energy
Construction of a waste processing plant in Konotop community
Waste management
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Waste management
Construction of the section of the main pressure sewage collector with cross-sections from the main sewage pumping stations to the city treatment facilities
Administrative and auxiliary services
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Administrative and auxiliary services
Creation and development of industrial park "Sumy"
Industrial park
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Industrial park
Development of the centralized water supply system of the Sumy City Territorial Community
Administrative and auxiliary services
Rebuild Ukraine
Administrative and auxiliary services
Geological exploration of oil and gas subsoil, including pilot development of fields, with further production of oil, gas, condensate (commercial development of fields) on Losyshchynska area
Extraction
Extraction
Increasing energy efficiency with the alternative energy component of the buildings of the Central City Clinical Hospital of the Sumy City Council
Health Care
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Health Care
Modern technologies for wastewater treatment of the Konotop community
Administrative and auxiliary services
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Administrative and auxiliary services
Modernization and reconstruction of the water drainage system in the city of Sumy
Administrative and auxiliary services
Rebuild Ukraine
Administrative and auxiliary services
Reconstruction of Sumy power station "Sumyteploenergo"
Fuel and Energy
Rebuild Ukraine
Fuel and Energy
Regional Center for Energy Efficiency and Energy Management
Fuel and Energy
Rebuild Ukraine
Fuel and Energy
Restoration and maintenance of the hydrological regime of Lake Chekha
Tourism
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Tourism
Update of electric transport infrastructure and rolling stock of the utility company of the Sumy City Council "Electroavtotrans"
Administrative and auxiliary services
Rebuild Ukraine
Administrative and auxiliary services

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