Keywords
construction enterprises
wartime economic development
economic challenges
competitiveness
How to Cite
Abstract
The impact of economic challenges accompanies the development of the Ukrainian economy and Ukrainian enterprises. Ukraine is currently facing three major economic challenges that significantly impact business activities: the crisis of 2014–2017, which was caused by revolutionary changes in the vector of economic relations development in the country; the COVID-19 pandemic, which occurred between 2019 and 2020; and the Russian military invasion of Ukraine and the crisis of military economic development in 2022–2025. Under these conditions, enterprises must increase the level of adaptability to economic challenges, which will act as a guarantee of ensuring competitiveness in the markets of goods (works, and services). The scientific research is dedicated to solving the topical scientific and practical problem of developing proposals in the context of ensuring the competitiveness of Ukrainian construction enterprises based on increasing the adaptability of the construction business in Ukraine to the impact of economic challenges. The scientific article has assessed the level and trends of adaptability to economic challenges faced by Ukrainian construction enterprises during the period from 2013 to 2024. The evaluation was carried out across three components: assessment of changes in the share of construction in the country’s gross domestic product; assessment of changes in the number of construction enterprises; and assessment of the formation of net profit (loss) by construction enterprises of the country, including the division of construction business entities into large, medium-sized, small, and micro enterprises. The study proposes a set of optimization measures aimed at increasing adaptability to economic challenges and enhancing the competitiveness of Ukrainian construction enterprises. A key element of this approach is the developed mechanism for improving adaptation to financial challenges and strengthening the competitiveness of construction enterprises in Ukraine.
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