The Novobuzka community was established on August 7, 2018, merging Novyi Buh city council with Novomykhailivka community. It includes 12 settlements, covers approximately 452.1 km², and has a population of 18,365 as of 2022. Its administrative center is the town of Novyi Buh, located about 100 km from Mykolaiv and 480 km from Kyiv.
Business Climate Data
supplied by PO 'Center for Innovations Development'
Municipal Economic Data Indicators
2025
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2022
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Novobuzka community
About
Novobuzka community of Mykolaiv region is an important center in southern Ukraine, combining urban and rural areas with diverse historical and social backgrounds. Formed under Ukraine’s decentralization reform, it strengthened local governance, optimized resource use, and launched systemic development of key sectors. Its geographic position and internal potential create favorable conditions for shaping modern infrastructure and a competitive business environment.
The community includes the town of Novyi Buh and surrounding villages, each with its own local economy and value. With a total area exceeding 1,000 square kilometers, it is one of the largest communities in the region. The active population and strong focus on agriculture form a resilient local labor market and broad economic opportunities.
Natural Resources
Novobuzka community is known for its fertile chernozem soils – a core natural asset and the foundation of its agricultural economy. The land is ideal for grain and oilseed crops, as well as for vegetable and orchard farming. The local climate and large cultivated areas support consistent yields and enable advanced farming technologies.
Beyond arable land, the area includes green zones, scattered forests, and water resources suitable for recreation and nature-based tourism. These features create potential for eco-farming and agritourism, enhancing the region’s sustainability. Balanced resource management can drive long-term growth across multiple sectors.
Positioning
Novobuzka community is positioning itself as a modern center for agribusiness and logistics in the Mykolaiv region. It offers room for growth to agroholdings, processing enterprises, and small manufacturers focused on domestic and export markets. Its location along important inland transport corridors gives businesses access to both resources and logistics efficiency.
The community has experience in participating in regional and international programs, signaling openness to partnership and external funding. Engagement in grant projects and cooperation with institutions boost its economic resilience. Flexibility, openness, and readiness to adapt make Novobuzka a competitive player among Ukraine’s communities.
Geography & Logistics
Novobuzka community is strategically located in south-central Ukraine, between the major regional hubs of Mykolaiv and Kropyvnytskyi. It has direct access to highways leading to Odesa, Dnipro, Kyiv, and other key cities, enabling efficient transportation and logistics for goods and services. The location supports development of transport, warehousing, and agrilogistics businesses.
The area is crossed by several regional roads used by both residents and businesses, especially in the agro and trade sectors. Its relative proximity to Black Sea ports makes it attractive for investors working in agricultural exports and processing. The available infrastructure strengthens the community’s logistical potential.
Local Business
Local businesses in Novobuzka include farming enterprises, trade outlets, service companies, and small-scale manufacturers. The private sector forms the backbone of the local economy, providing jobs and keeping people engaged. Entrepreneurs benefit from infrastructure access, educational institutions, and local support programs that stabilize economic activity.
The community actively supports cooperative models, helps entrepreneurs access grants, and encourages the launch of new enterprises. Business owners receive assistance with paperwork, training, and partner engagement. This creates a strong business climate and opens real growth opportunities for small and medium enterprises in the area.
All EoTU business units are stand alone legal entities designed, in aggregate, to provide comprehensive support for any transaction, from any source, in any amount to all stakeholders
