Using sustainable development strategies to increase the competitive advantages of agricultural enterprises

This study aimed to analyse the impact of sustainable development strategies on enhancing the competitiveness of agricultural enterprises in order to achieve economic efficiency under modern market conditions. The research methodology was based on a quantitative analysis of statistical indicators relating to the implementation of the circular economy, the use of renewable energy sources in agriculture, and state support for agricultural research in European Union countries. Key environmental initiatives of the European Union, such as the Common Agricultural Policy and the Circular Economy, and their relevance to agricultural businesses were examined. In the course of the research, the successful experiences of Denmark, Sweden, the Netherlands, Germany, and France in implementing sustainable agricultural practices were analysed. The study investigated the implementation of sustainable development in the agricultural sector of both Ukraine and the European Union, particularly through an analysis of the practices of two companies: Rheinisch-Westfälisches Elektrizitätswerk (Germany) and Astarta- Kyiv (Ukraine). The results of the study indicated that Rheinisch-Westfälisches Elektrizitätswerk invested over 5 billion euros in the expansion of renewable energy sources between 2019 and 2024, particularly in agrovoltaics and bioenergy, enabling the company to reduce carbon dioxide emissions by 50% by 2030. Meanwhile, Astarta- Kyiv invested over 5 million euros in irrigation systems and expanded biogas production in 2023-2024, which contributed to increasing the enterprise’s energy independence and enhancing its export potential. Based on the findings, recommendations were developed for Ukraine regarding the integration of sustainable development into the agricultural sector, including: increased investment in renewable energy, expansion of bioenergy capacities, digitalisation of agricultural production, improved state support for sustainable initiatives, and the adaptation of legislation to the environmental standards of the European Union