Ternopil Region is located in the western part of Ukraine. The administrative center of the region is the city of Ternopil.
It borders five other regions of Ukraine: Chernivtsi to the south, Ivano-Frankivsk to the southwest, Lviv to the northwest, Rivne to the north, and Khmelnytskyi to the east. Ternopil Region is one of two regions in Western Ukraine that do not share an international border. It lies 490 km from Kyiv, 140 km from Lviv Airport, and 690 km from the Odesa seaport. The region has an international airport, “Ternopil,” and is crossed by the international highway M-12. Administratively, Ternopil Region is divided into 3 districts, comprising 18 cities, 17 urban-type settlements, and 1,022 villages.
The economy of the region has a pronounced agrarian and industrial character. The food industry is well developed, particularly in the production of sugar, alcohol, and dairy products (for example, butter). Among the industrial enterprises are Vatra (lighting equipment), Ternopil Combine Plant, and Orion (radio communications). Ternopil Region also has a well-developed highway network, and the city of Ternopil is located at the intersection of the main European transport corridors E50 and E85.
Ternopil Region confidently maintains its position among the leaders of Ukraine in the development of agricultural cooperation. At the beginning of 2024, 108 agricultural service cooperatives and 39 associations operated in the region, demonstrating the high activity of local farmers and the effective interaction of rural communities. Through cooperation, farmers pool resources, jointly use equipment, develop processing capacities, and reduce production and logistics costs. This model enhances regional competitiveness and increases investment attractiveness in agro-processing, logistics, and modern agricultural technologies.
Industry specialization: agriculture (organic products), food production (dairy products), and lighting equipment.
Natural resources: building materials (dolomite, clay, limestone) and peat.
Ternopil Region participates in the Swiss-Ukrainian project UCORD, which helps the region coordinate development processes more effectively, strengthen partnerships among authorities, communities, and businesses, and implement innovative management approaches. The program supports the development of local entrepreneurship, the improvement of social infrastructure, and the introduction of environmentally friendly initiatives.
The region hosts 11 universities and 6 technical schools. Among the leading higher education institutions are Ternopil Ivan Puluj National Technical University, Ternopil National Economic University, and Ternopil National Medical University.
In 2023, the unemployment rate in the region stood at 11.9% (compared to the national average of 9.9%), while the average monthly salary reached $480 (the national level being $627).
Investment opportunities in Ternopil
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