Restructuring of the grape and wine industry enterprises: innovative approaches

Oleg Babyii
PhD in Economics, Associate Professor, Enterprise Economics and Entrepreneurship Activity Organization Department, Odessa National Economic University, Ukraine, e-mail: olegbabiy@ukr.net, ORCID ID: https://orcid.org/0000-0002-0156-396X

Kateryna Tymchenko
Postgraduate Student of Enterprise Economics and Entrepreneurship Activity Organization Department, Odessa National Economic University, Ukraine, e-mail: katiecatharina@ukr.net, ORCID ID: https://orcid.org/0000-0002-3328-6055

Cite this article:

Babyii, O., Tymchenko, K. (2020). Restructuring of the grape and wine industry enterprises: innovative approaches. Ed. by M. Zvieriakov (ed.-in-ch.) and others [Restrukturyzatsiia pidpryiemstv vynohradno-vynorobnoi promyslovosti: innovatsiini pidkhody; za red.: М. Zvieriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 1 (72), pp. 137–152.

Abstract

The article presents the innovative approaches to the restructuring of the grape and wine industry enterprises. The purpose of research is a detailed and systematic review of current problems of restructuring of the grape and wine industry enterprises; substantiation of cluster creation as one of the promising directions of external restructuring. The subject of research is the restructuring of the grape and wine industry enterprises. The methodological basis is: researches of domestic and foreign scientists in the field of enterprises restructuring, legislative and regulatory acts of Ukraine. In researching and analyzing the problematic issues of the article, the following general scientific technique and methods of research were applied: logical – to clarify the concept of «enterprise restructuring», a comparative assessment – in the study of modern approaches to restructuring; historical – in the study of the stages of evolution of the enterprise restructuring concept; statistical analysis – in determining the problems, tendencies and prospects of the grape and wine industry enterprises development. Various approaches regarding the definition of enterprise restructuring essence, as well as the main stages of evolution of enterprise restructuring concept and their characteristics, are presented. The availability of many approaches to the restructuring definition, their generalization, allowed us to determine the main characteristics of the restructuring process in a complex and present them in the classification form. In order to increase the competitiveness performance of Odessa region wineries, for stimulating their development in the context of the European integration, as well as for the targeted use of public funds for the viticulture development, it was proposed restructuring of these enterprises by creating an integrated structure – a regional-industrial cluster (a type of external enterprise restructuring).

Keywords

restructuring; wine growing; grape and wine industry; regional-industrial cluster; innovation.

JEL classification: L660; P230; DOI: https://doi.org/10.33987/vsed.1(72).2020.137-152

UD classification: 336.2:334.764

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References

1. Arefiev, S. O. (2014). Enterprise restructuring: approaches, essence, components [Restrukturyzatsiia pidpryiemstva: pidkhody, sutnist, skladovi], Menedzher, No. 2, s. 129–134 [in Ukrainian]
2. Tereshchenko, O. O., Voloshaniuk, N. V. (2009). Financial dominants of enterprise restructuring [Finansovi dominanty restrukturyzatsii pidpryiemstv], Finansy Ukrainy, No. 4, s. 82–90 [in Ukrainian]
3. Havkalova, N. L. (2012). Restructuring as a means of financial recovery of enterprises [Restrukturyzatsiia yak zasib finansovoho ozdorovlennia pidpryiemstv], Ekonomika i upravlinnia, No. 6, s. 14–17 [in Ukrainian]
4. Kipa, M. O. (2017). The essence and directions of enterprise restructuring [Sutnist ta napriamy restrukturyzatsii pidpryiemstva], Ekonomika ta derzhava, No. 6, s. 64–71 [in Ukrainian]
5. Yurii, E. O., Lutsyk, I. B. (2014). Conceptual approaches to defining the essence and forms of enterprises restructuring [Kontseptualni pidkhody do vyznachennia sutnosti ta form restrukturyzatsii pidpryiemstv], Naukovyi visnyk Bukovynskoho derzhavnoho finansovo-ekonomichnoho universytetu. Ekonomichni Nauky, Issue 26, s. 118–128 [in Ukrainian]
6. Malynovskyi, Yu. V., Tsvok, D. R. (2013). Restructuring as a method of enterprise’s competitiveness increasing [Restrukturyzatsiia yak metod pidvyshchennia konkurentospromozhnosti pidpryiemstva], Visnyk Natsionalnoho universytetu «Lvivska politekhnika», No. 778: Menedzhment ta pidpryiemnytstvo v Ukraini: etapy stanovlennia i problemy rozvytku, s. 166–172 [in Ukrainian]
7. Yablonska, N. V., Krupina, S. V. (2018). Problems of competitiveness increasing of the Ukrainian wine industry enterprises [Problemy pidvyshchennia konkurentospromozhnosti pidpryiemstv vynorobnoi haluzi Ukrainy], Infrastruktura rynku, Issue 16, s. 147–151 [in Ukrainian]
8. Karpinska, H. V. (2009). Restructuring of winemaking enterprises as a tool for managing their life cycle: dissertation [Restrukturyzatsiia pidpryiemstv vynorobstva yak instrument upravlinnia yikh zhyttievym tsyklom: disertatsiia … kand. ekon. nauk], Instytut problem rynku ta ekonomiko-ekologichnykh doslidzhen NAN Ukrayiny, Odesa, 191 s. [in Ukrainian]
9. Lazarieva, Ye. V., Karpinska, H. V. (2008). Cluster as a promising form of winemaking enterprises restructuring [Klaster yak perspektyvna forma restrukturyzatsii pidpryiemstv vynorobstva], Prometei, No. 2 (26), s. 114–119 [in Ukrainian]
10. State Statistics Service of Ukraine: website [Ofitsiinyi sait Derzhavnoi sluzhby statystyky Ukrainy]. Retrieved from: www.ukrstat.gov.ua [in Ukrainian]
11. Azriliyan, A. N. (2002). Large Economic Dictionary [Bolshoy ekonomicheskiy slovar], 5th ed. Politika novoy ekonomiki, Moskva, 1280 s. [in Russian]
12. Mylnik, V. V., Titarenko, B. P., Volochienko, V. A. (2003). Study of management systems [Issledovanie sistem upravleniya], Akademicheskiy proekt, Moskva; Delovaya Kniga, Ekaterinburg, 352 s. [in Russian]
13. About the approval of the Regulations on enterprise restructuring: Law of Ukraine, No. 460, 18.07.2008 [Pro zatverdzhennia Polozhennia pro restrukturyzatsiiu pidpryiemstv: Nakaz Ministerstva promyslovoi polityky Ukrainy, No. 460, 18.07.2008]. Retrieved from: https://zakon.rada.gov.ua/laws/show/z0718-08 [in Ukrainian]
14. Code of Ukraine on Bankruptcy Procedures: Law of Ukraine, No. 2597-VIII, 18.10.2018 in the edition of 01.02.2020 [Kodeks Ukrainy z protsedur bankrutstva, No. 2597-VIII, 18.10.2018, u redaktsii vid 01.02.2020 r.]. Retrieved from: https://zakon.rada.gov.ua/laws/show/2597-19 [in Ukrainian]
15. Polyga, S. O. (2005). Restructuring of Lvov Motorcycle Plant [Restrukturizatsiya Lvovskoho motozavoda], Ekonomika Ukrainy, No. 1, s. 3–11 [in Russian]
16. Rashchupkina, V. N. (2008). Methodology of basics processes management of the enterprises reorganization: monograph [Metodolohiya osnov upravleniya protsessami reorganizatsii predpriyatiy: monografiya], DonNASA, Makeevka, 180 s. [in Ukrainian]
17. Porter, M. (2005). Competition. Trans. from Eng. [Konkurentsiya; per. s angl.], Vilyams, Moskva, 608 s. [in Russian]