Editing Fastiv (section)

== Economy ==
The main branches of the economy of the city of Fastiv are: industry, railway and trade.

=== Industry ===

Fastiv has a long industrial tradition, and currently the city's enterprises produce the following products: [[Chemical industry|chemical]], [[Electrothermal-chemical technology|electrothermal]], oil refining and gas consumption equipment, furniture, technical oils, sewing products, [[beer]] and soft drinks, flour, printing products, [[food packaging]], bread and [[Bakery|bakery products]].

The most powerful industrial enterprises are:

– [https://univest.ua/en/ "Univest Marketing"] LLC is one of the leaders in the publishing and printing industries of Ukraine, the company is engaged in the production of newspapers, magazines, trade catalogs, cardboard and blister packaging;

- [https://www.elopak.com/about/ PrJSC "Elopak"] - production of Pure-Pak blanks for packaging liquid food products;

– LLC "[https://obolon.ua/en/about/structure/4 Pyvovarnia Ziberta] {{Webarchive|url=https://web.archive.org/web/20220818121810/https://obolon.ua/en/about/structure/4 |date=2022-08-18 }}" - production of beer and soft drinks;

– LLC "Kyivhlib" - production of bakery and confectionery products;

– [https://good-time-invest.com/blog/german-investments-in-ukraine-the-most-technologically-advanced-plant-for-dry-building-mixtures-in-eastern-europe-to-appear-in-ukraine/ "Kreisel-Building Materials" LLC] - production of dry building mixes;

– "Eko Vtor" LLC - processing of PET raw materials into polyester fiber;

– "Poligrin Company" LLC - processing of secondary polyethylene into granules.

- "Fakel" plant is one of the leading machine-building enterprises that manufactures odorization units, oil coolers, gas heaters, containers, burners and tanks.

– "Arian Technical Oil Factory" LLC - production of hydraulic oil and fluid, cooling oil;

In the Industrial Zone of the city of Fastiv, Kyiv Region, the industrial park "FastIndustry" was created, with a total area of 15 hectares, which was entered into the Register of Industrial Parks of Ukraine (No. 17). The managing company of the industrial park is START-INDUSTRY Company LLC.

=== Transport and logistics ===

Fastiv is a major transport hub. Both road and railway routes pass through it.

First of all, the city of Fastiv has a convenient [[Fastiv I railway station|railway]] connection and is a major hub station. The distance to the city of [[Kyiv]] is 75 km by road and 57 km by railway.

A mainline electrified railway passes through the city. From here, suburban, passenger and freight trains run in 4 directions: [[Kyiv]], [[Koziatyn|Kozyatyn]] I, [[Myronivka]], [[Zhytomyr]].

There are 9 railway companies operating on the territory of the city of Fastiv. Some of the largest enterprises of this industry in [[Ukraine]] operate on the basis of a powerful railway hub:

Refrigerator Railway Car Subsidiary Company Ukrainian Railways JSC. The branch provides international transport and forwarding services for the delivery of goods, cold logistics, repair of wagons, major repair of cranes of rebuilding trains, train cars.

Motorovagonne depot Fastiv-1 carries out overhaul of electric trains, in which electric trains of the South-Western Railway are maintained and serviced. A fairly large number of freight trains are formed and dispatched daily. Large volumes of transit transportation.

Fastiv-1 railway station, which is one of the most important stations of the South-Western Railway. The enterprise performs unloading, loading and dispatching of wagons. The Fastiv station accepts long-distance and suburban passengers.

Fastiv-2 railway station operates for cargo.

The advantage of the city of Fastiv is the proximity of transcontinental routes, namely its location between 2 European [[Highway|highways]]:

* Corridor No. 3 (route E40)
* Corridor No. 9 (route E95)
* State highways R-19 and R-04 pass through the city.

Fastiv has a bus system that connects many streets, villages and towns with the city center and the capital.

==== Logistics (Customs posts) ====

The FLK-Invest LLC logistics complex operates in the industrial zone of the city of Fastiv, which offers a full range of services as a logistics service provider, responsible storage and handling of goods to customers at a class "A" warehouse complex in the city of Fastiv, Kyiv region.

The customs clearance sector (FASTIV) of the "Southern" Сustoms Post of the Kyiv Customs operates on the territory of the Logistics Complex.

=== Economic potential (Fastiv Strategic Initiative) ===

On April 18, 2019, the constituent assembly was formed and held the [http://fastiv-rada.gov.ua/sohodni-fastiv-vitav-shanovnykh-hostej-na-zasnovchykh-zborakh-promyslovo-lohistychnoho-klasteru-fastiv/ FastIV Industrial and Logistics Cluster]. Representatives of 21 enterprises subscribed to the Cluster.

'''The FastIV Industrial and Logistics Cluster''' is organic neighbouring of 4 important components: industry, logistics, innovative educational space and business development centre:

'''«FastIndustry» Industrial Park:'''

The equipped area (15 hectares) for new facilities in the field of industrial production,logistics, and related services.

'''«FastLogistic» Logistics Hub:'''

Klaipeda-Fastiv-Odesa railroad and sea freight line extending to the ports of Asia and Africa. Transportation is expected to include mainly containers shipments (universal and refrigerator containers).

'''«FastDevelopment»''' 

Local Development Centre:

The centre to be formed in order to encourage development of entrepreneurship in the City, providing of services aimed at business improvement and ensuring of better access to finance.

'''«FastKnowledge»''' 

Innovation Educational Environment:

The education environment expected to contribute to better opportunities of students,entrepreneurs and individuals in prompt of the modern knowledge required for the development of the City`s entrepreneurship and economy.

=== Trade ===

On the territory of the city, more than 100 enterprises are engaged in trading activities.

Among them: national food retailers, such as "[[Silpo]]-Food" LLC, "Fora" LLC, "ATB-market" LLC, "Trash" LLC, regional and local chains. There are also non-food supermarkets such as "Eldorado", "Foxtrot", "Comfi", "Budmarket" and others on the territory of the city.

There are 5 markets in the city.

=== Banking ===

The following banking institutions operate in the community: JSC "[[State Savings Bank of Ukraine|Oschadbank]]", JSC CB "[[PrivatBank|Privatbank]]", JSC "[[Raiffeisen Bank International|Raiffeisen Bank]]", JSC "UKRGAZBANK".

=== Insurance ===

1. Fastiv district branch "[[Oranta (company)|NASK Oranta]]";

2. Sales and customer service center of Providna SC;

3. TAS Insurance Group.

Print media:

- Advertising and information magazine "Nash Horodok";

- PP "Editorial of the Fastiv newspaper "Peremohga"".

=== Foreign economic activity and international relations ===
The main direction of the investment policy of the community is the creation of favorable conditions for the development of entrepreneurship, improvement of the investment climate and its popularization among potential investors, establishment of a marketing and promotion system, attraction of foreign investors, assistance in the implementation of economically significant investment projects involving all sources of financial resources.

The founders of enterprises in the city of Fastov are companies from [[China]], [[Germany]], [[Norway]] and [[Cyprus]].

Community enterprises carry out foreign trade operations with the following countries: [[Austria]], [[Azerbaijan]], [[Bulgaria]], [[British Virgin Islands]], [[Vietnam]], [[Georgia (country)|Georgia]], [[Estonia]], [[Israel]], [[Kazakhstan]], [[China]], [[Latvia]], [[Lithuania]], [[Luxembourg]], [[Moldova]], [[Germany]], [[New Zealand]], [[Poland]], [[Singapore]], [[United States|USA]], [[Turkmenistan]], [[Hungary]], [[Switzerland]], [[Sweden]].

Twin cities:
*[[Wałcz]] County ([[Poland]])
*[[Tomaszów Lubelski]] ([[Poland]])
*[[Odunpazarı]] / [[Eskişehir]] ([[Turkey|Republic of Turkey]])

Cooperation with international organizations

The city of Fastiv is a member of:
*European initiative - Covenant of Mayors;
*Initiatives of the European Commission "Mayor for Economic Growth";
*Alliance of Silk Road Cities.

Fastiv actively cooperates with international organizations, such as:
*[[Nefco|NEFCO]] Corporation;
*Regional Environmental Center (REC);
*Office of the Council of Europe in Ukraine;
*Congress of local and regional authorities of the Council of Europe;
*[[United Nations Development Programme|United Nations Development Program]];
*Foundation of Eastern Europe;
*[[UNICEF]].

Fastiv has the status of a "12-star" city from the Congress of Local and Regional Authorities of the Council of Europe for the city's active participation in the development of local democracy.