Study on the Performance of both Public and Private Stevedores in the Seaports of Ukraine
Journal Title: Бізнес Інформ - Year 2016, Vol 2, Issue
Abstract
Performance of private sector in the ports of Ukraine calls the State's interest to attracting independent capital to the development of port industry. The article is concerned with studying the economic and financial performance of both public and private stevedores in the seaports of Ukraine in order to substantiate appropriateness and timeliness of implementing privatization activities. In the work, methods and approaches of economic and financial analysis were used to assess in dynamics the quantitative indicators of turnover in the ports of Ukraine together with changing its allocation between public and private stevedoring companies, as well as selected indicators of the financial condition of stevedores have been examined. Conclusions have been made about the significant differentiation of the public stevedores on the basis of their performance; about sustainable scaling up the presence of private companies in the port business; about growth of investment activity of profitable public as well as private stevedores. On the results of analysis has been suggested that attention should be focused on some peculiarities in the privatization of public stevedoring companies in Ukraine.
Authors and Affiliations
Alisa Demianchenko
Keywords
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