Kharkiv

Kharkiv is one of Ukraine’s most important cultural centers. It is home to more than 20 museums, over ten theaters, and a handful of art galleries. Almost every year, large music and film festivals are held in Kharkiv.

Dormition Cathedral, Annunciation Cathedral, Derzhprom building, Freedom Square, Taras Shevchenko Monument, Mirror Stream, Historical Museum, Choral Synagogue, T. Shevchenko Gardens, Zoo, Children’s narrow-gauge railroad, World War I Tank Mk V, Memorial Complex, and many more are among the many attractions in Kharkiv.

Following Russia’s takeover of Crimea in 2014, the Petro Konashevych-Sahaidachny monument in Sevastopol was demolished and handed over to Kharkiv.

Kharkiv has a humid continental climate with cold and snowy winters and dry and scorching summers.

The weather in Kharkiv is greatly affected by the European continental air streams: the warm and humid Atlantic ocean air stream from the west, and the cold and dry Northern sea air stream from the north.

Due to the region’s lower height, closeness to the Black Sea, and the city’s latitude, Kharkiv experiences very sunny warm summers that are quite moderate compared to temperatures in South European locations. In other words, Kharkiv has mild summers that are only seldom broken by short periods of severe rain.

Winters in Kharkiv are generally lengthy and chilly. Kharkiv has large snowfalls, particularly in February, and the surfaces of the Kharkiv River and Lopen are coated in ice throughout the winter.

The average annual rainfall is 513 mm (20 in), with the greatest falling in June and July.

Kharkiv is geographically situated on the banks of the Kharkiv, Lopan, and Udy rivers, which drain into the Seversky Donets watershed in Ukraine’s north-eastern area.

Historically, Kharkiv is a major city in the Sloboda Ukraine region (Slobozhanshchyna, sometimes known as Slobidshchyna) of Ukraine.

The estimated dimensions of Kharkiv are as follows: 24,3кm from north to south; 25,2кm from west to east.

Based on the relief of Kharkiv, it makes logical to explain that the city may be conditionally split into four lower districts and four upper districts.

When considering the relief of the Kharkiv municipality, it is worth noting that the highest point above sea level in Pyatikhatky in Kharkiv is 202m, and the lowest point above sea level in Novoselivka in Kharkiv is 94m.

Kharkiv is located in a broad valley formed by the rivers Kharkiv, Lopan’, Udy, and Nemyshlya. This valley runs from north to south between the Mid Russian highland and the Donetsk lowland. All of the rivers in Kharkiv unite and run into the river of Northern Donetsk. Engineers planned and erected a specific system of concrete and metal dams to manage the water level in Kharkiv’s waterways. One of the dams in Hydro Park manages the water level at a large man-made water reservoir developed near Kharkiv’s Saltovka area in the 1970s and 1980s.

Kharkiv boasts a huge number of green city parks with a long history of more than 100 years, many of which include extremely ancient oak trees and a variety of flora.

In Kharkiv, the “Kharkiv Success Plan” 2016-2020 economic growth strategy is developed.

FORUM INTERNATIONAL DE L’ECONOMIQUE

Every year, Kharkiv hosts the International Economic Forum: Innovations. Investments. Kharkiv Initiatives!

The International Economic Forum: Innovations. Investments. Kharkiv Initiatives! was attended in 2015 by diplomatic corps representatives from 17 world countries, working in Ukraine alongside top-management of transnational corporations and investment funds; plus Ukrainian People’s Deputies; plus Ukrainian Central government officials, who determine the national economic development strategy; plus local government managers, who perform practical steps in implementation.

The primary themes of the International Economic Forum’s plenary sessions and panel talks were: Innovations, Investments, and Kharkiv Initiatives! are the implementation of the “Ukraine – 2020” Strategy for Sustainable Development, the results obtained and the plan for future actions to reform the local government and territorial organization of power in Ukraine, export promotion and investment attraction in Ukraine, new opportunities for public-private partnerships, practical steps to create “electronic government,” issues of energy conservation and development of the oil and gas industry in the Kharkiv Region, and the establishment of a

The current situation of the economy of Kharkiv, Ukraine, is detailed in part by The Economist in London, UK.

KHARKIV COMMERCE AND INDUSTRY CHAMBER

The Kharkiv Chamber of Commerce and Industry promotes the growth of enterprises in Kharkiv.

EXHIBITIONS INTERNATIONAL INDUSTRIAL

International industrial shows are often held in Kharkiv’s Radmir Expohall display venue.

INDUSTRIAL COMPANIES

During the Soviet period, Kharkiv was Ukraine’s industrial production capital and the USSR’s third biggest center of industry and trade. Following the demise of the Soviet Union, the city’s predominantly defense-systems-oriented industrial output declined substantially. The sector began to revive and adapt to market economy demands in the early 2000s. There are now around 380 industrial businesses located in the city, employing a total of 150,000 people. Machine-building, electro-technology, instrument-making, and energy conglomerates are formed by the firms.

State-owned industrial behemoths such as Turboatom and Elektrotyazhmash control 17% of the global market for heavy power equipment production (e.g., turbines). The Antonov aircraft manufacturing factory produces multipurpose aircraft. The Malyshev plant not only manufactures armored battle vehicles, but also harvesters. Khartron is Ukraine’s and the former CIS’s main designer of space and commercial control systems.

INDUSTRY OF INFORMATION TECHNOLOGY

The IT sector is represented by a few hundred small IT start-ups that comprise a cluster of IT enterprises in Kharkiv.

INDUSTRY OF FINANCE

Kharkiv is also the headquarters of one of Ukraine’s major banks, UkrSibbank, which has been a subsidiary of the BNP Paribas group since December 2005.