Vinnytsia is a modern city, the economy of which is dynamically developing. The city has long industrial traditions,
a powerful educational base, scientific schools that work in the field of information technology, engineering, medicine.
Vinnytsia is a city which successfully develops the machine-building industry for a long time. The city produces a wide range of goods — starts from electrodes for welding to the latest refrigeration equipment. Geography of trade with goods manufactured by the industry extends from the United States to China.
The potential for development has the following sub-sectors:
In Vinnytsia every year about 1 200 specialists in engineering are finishing their education, which is a significant advantage for the further development of the industry and increasing of the skilled and competent labor force for local enterprises.
The volume of sales related to the machine-building industry, in 2019 amount up to 1,86 billion UAH representing 5,5% of the total sales in the city.
Due to a favorable location in the center of a large agricultural region, Vinnytsia is an important region for the food industry.
Food production that meets world quality standards was determined as the main specialization of the city. This industry is the largest and accounts for about half of the city's total industrial production.
The volume of sales related to the food industry in 2019 amounted to 15,7 billion UAH, which represents 46,7% of the total sales in the city.
Vinnytsia region is a leader in cultivation of many types of agricultural crops and one of the most favorable regions for the cultivation of agricultural products. The level of agricultural land-plowing development in the region is 76%.
Now 10 000 students in Vinnytsia study food industry programs.
Biotechnology and pharmacy are sectors with the most favorable conditions for growth in Vinnytsia. As a result, this economy branch shows rapid development.
The strongest academic factor in this field is the powerful educational institutions represented by Vinnytsia National Pirogov Memorial University and Vinnytsia Memorial Zabolotnogo Medical College. The graduates of these educational institutions are highly qualified future employees of biotechnology and pharmaceutical companies..
The volume of sales related to the biotechnology and pharmacy, in 2019 amounted to 819 million UAH, which represents 2,4% of the total sales in the city.
In the city, there are 8 scientific laboratories at the Vinnytsia National Pirogov Memorial University, where were conducted more than 100 scientific clinical trials over the last 5 years.
The production of the textile industry in Vinnytsia is in demand and exported to the European and many other countries.
The development of light industry in Vinnytsia is supported by vocational schools, which cooperate with local enterprises for the creation of training programs adapted to the needs of the market and in order to be able to provide the industry with skilled labour.
The number of IT-companies in the city is rapidly growing, the industry is constantly supported by an increasing number of IT talents.
In addition, the size of the market, which already employs over 2 000 people representing 2% of the Ukrainian market and also provides an opportunity to find experienced IT professionals.
It should be noted that for the number of IT specialists Vinnytsia ranked 6th among all the Ukrainian cities, which is undoubtedly a significant indicator.
The indicator of the city's interest in the development of the IT-industry is the following data: analysis of NGO "Podillya Regional Development Agency" and "OPORA", Vinnytsia is one of the leaders of Ukraine in the implementation of e-government tools.
Creative industries are actively developing in Vinnytsia. The current state of formation of creative industries indicates their urban orientation and cluster model of organization, namely: IT sphere, art, education, design.
Vinnytsia is currently actively working on creating a complete infrastructure for the development of creative industries. This is evidenced by the development of creative hubs and spaces: coworkings, workshops, incubators, laboratories and clusters. These spaces contribute to the productive realization of the talents and creative abilities of city dwellers.
The development of creative industries will shape the well-being of the city's residents and help create jobs through the generation and economic realization of intellectual property.