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UKRAINE - Economy

Economy

Economy

Ukraine has well-developed scientific and industrial base. The national economy includes such spheres as heavy machine building, ferrous and non-ferrous metallurgy, shipbuilding, automotive industry (buses, cars and trucks), manufacturing of tractors and other agriculture machinery, diesel locomotive manufacturing, manufacturing of machine-tools, turbines and aircraft engines, production of power plants, oil extraction and chemical equipment and so on. Ukraine is also a powerful manufacturer of energy.
Several fields of Ukrainian economy demonstrate high technological level of development. The country is producing carrier rockets, satellites and space research equipment. Ukraine is a considerable producer of military equipment, including tanks, military transport aircrafts, SAM complexes and optical equipment.
Antonov aircraft, lighter-aboard ships, walking excavators, precise machinery, and electric welding equipment are produced using state-of-art technologies and comply with the top world standards.