Actual problems of innovative economy and law

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State regulation and incentivization of bioenergy development: financial, tax, and legal instruments

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УДК: 631.115:338.24:303.411:355.01(477)

DOI: https://doi.org/10.36887/2524-0455-2025-6-30

Vlasenko Tetiana,
Doctor of Sciences in Economics, Professor, Head of the Enterprise Economics and Business Organization Department,
Simon Kuznets Kharkiv National University of Economics,
https://orcid.org/0000-0002-9515-2423
Krasnorutskyy Oleksiy,
Doctor of Economics, Professor, Acting Director,
Livestock Farming National Academy of Agrarian Sciences of Ukraine
https://orcid.org/0000-0003-1744-3257

Published: 27.11.25

Ukraine’s agriculture is currently undergoing a fundamental transformation of its management paradigm, driven by military aggression, climate change, and logistical disruption. In these circumstances, corporate profitability is no longer a purely financial category; it has become a strategic guideline that determines the level of economic security and the capacity for long-term, sustainable development. The study aims to provide scientific substantiation for strategic guidelines and to develop practical recommendations to ensure the profitability of agricultural enterprises, as the foundation of their economic security and a tool for implementing the Sustainable Development Goals (SDGs) under martial law and within European integration. The research employs an indicator-based approach to calculate the integral index of economic security (Ies), which weights five functional blocks: financial, market, resource, personnel, and technological. The mathematical framework includes the analysis of Return on Assets (ROA) and EBITDA dynamics based on empirical data from 2021–2025.  It was established that the average value of the integral security index for Ukraine’s agricultural sector in 2025 is 0.62, indicating a critical state. A systemic drop in EBITDA of more than four times that of the pre-war period was identified, driven by rising production costs and logistical shocks. The study proves that the strategic focus should shift from gross indicators to the marginality of each hectare, as 20–40% of land areas are often loss-making due to technological heterogeneity. The role of Smart Farming (IoT, AI, drones) is substantiated as a key factor in reducing costs by 10–25%. It is determined that integration into the EU market requires aligning product quality with European Green Deal standards to gain access to premium markets. Ensuring profitability by 2030 requires a synergy of digital maturity, environmental adaptability, and a transition from raw material exports to deep processing. The economic security of an agricultural enterprise is a dynamic state that requires constant monitoring and precise management of every production cycle to ensure national and global food security.

Keywords: economic security, profitability, agricultural enterprises, economic efficiency, potential, financial and economic stability, sustainable development, digitalization, ROA, EBITDA, Smart Farming, European integration.

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Vlasenko T. , Krasnorutskyy O. State regulation and incentivization of bioenergy development: financial, tax, and legal instruments. Actual problems of innovative economy and law. 2025. №6. 134-138 pp. https://doi.org/10.36887/2524-0455-2025-6-30

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Vlasenko T. , Krasnorutskyy O. State regulation and incentivization of bioenergy development: financial, tax, and legal instruments. Actual problems of innovative economy and law. https://doi.org/10.36887/2524-0455-2025-6-30