Korosten – one of the oldest cities in Ukraine, the city of regional importance, is part of the Zhitomir region. Distance from the capital of Ukraine – Kyiv city – 150 kilometers. It shares borders with the Republic of Belarus.Korosten – a powerful railway junction of Ukraine, in which the most important railway lines intersect: Odessa, St. Petersburg; Kiev – Kovel; Kyiv – Lviv – Uzhgorod. Through the city pass road the way the state and international importance: Kiev – Kovel and Zhytomyr – Mozirje.At the moment the city Korosten investment-attractive area with developed infrastructure and a significant number of highly educated labor force.In this city there are 18 enterprises of industrial type.The leading branch of economy is industry. In this city highly developed engineering industry, food processing, mining, chemical, metallurgy, light industry, pulp – and paper processing industries.In the city there are two existing quarry granite and other materials. Mineral – raw potential represented by a number of mineral deposits: decorative facing stone, marble, limestone, brick and tile raw materials, peat, titanium, apatite, zirconium phosphates. About 90% of coating materials (labradorite, granite, gabbro) are concentrated in the area.Businesses and organizations in the region is carried out foreign trade operations with many countries of the world. In I quarter 2015 index of total exports of goods amounted to 28.7 million US dollars. The positive balance of foreign trade amounted to 23.7 million US dollars.Korosten – one of the oldest cities in Ukraine, the city of regional importance, is part of the Zhitomir region. Distance from the capital of Ukraine – Kyiv city – 150 kilometers. It shares borders with the Republic of Belarus.Korosten – a powerful railway junction of Ukraine, in which the most important railway lines intersect: Odessa, St. Petersburg; Kiev – Kovel; Kyiv – Lviv – Uzhgorod. Through the city pass road the way the state and international importance: Kiev – Kovel and Zhytomyr – Mozirje.At the moment the city Korosten investment-attractive area with developed infrastructure and a significant number of highly educated labor force.In this city there are 18 enterprises of industrial type.The leading branch of economy is industry. In this city highly developed engineering industry, food processing, mining, chemical, metallurgy, light industry, pulp – and paper processing industries.In the city there are two existing quarry granite and other materials. Mineral – raw potential represented by a number of mineral deposits: decorative facing stone, marble, limestone, brick and tile raw materials, peat, titanium, apatite, zirconium phosphates. About 90% of coating materials (labradorite, granite, gabbro) are concentrated in the area.Businesses and organizations in the region is carried out foreign trade operations with many countries of the world. In I quarter 2015 index of total exports of goods amounted to 28.7 million US dollars. The positive balance of foreign trade amounted to 23.7 million US dollars.
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№ |
Main export partners | Main import partners |
| 1 | Russian Federation | Belarus |
| 2 | Belarus | Lithuania |
| 3 | Turkey | Germany |
| 4 | Moldova | France |
| 5 | Poland | Poland |
| 6 | Uzbekistan | |
| 7 | Germany | |
| 8 | Austria | |
| 9 | Azerbaijan |
For the period January-June 2015 the total volume of direct foreign investments attracted into the economy of the city of Korosten was 1,029,100 US dollars.The main countries – investors were: Slovakia – 47.9%, Cyprus – 28.3%, Russia – 13.2%, Azerbaijan – 3.7%, Belarus – 2.9%, US 2.2%, Georgia – 1.2%, UAE – 0.6%.
Priority sectors for investment in this area are:- Industrial Park “Korosten” (placement of instrument making, light industry, wood processing);- industry;- Mechanical engineering.For the period January-June 2015 the total volume of direct foreign investments attracted into the economy of the city of Korosten was 1,029,100 US dollars.The main countries – investors were: Slovakia – 47.9%, Cyprus – 28.3%, Russia – 13.2%, Azerbaijan – 3.7%, Belarus – 2.9%, US 2.2%, Georgia – 1.2%, UAE – 0.6%.
Priority sectors for investment in this area are:- Industrial Park “Korosten” (placement of instrument making, light industry, wood processing);- industry;- Mechanical engineering.