Reindustrialization of economy as a direction of industrial development

The article proves that the main reason for the transition to the economic reindustrialization is the need to rectify the results of the process, which is usually called deindustrialization, and reveals the prime drivers ofdeindustrialization, which determine the difference between the essences of reindustrialization processes in different countries. The essence of the reindustrialization process, which covers the possible ways of restoring industrial production, associated with technological advance, has been defined. The place of economic reindustrialization in the system of related concepts has been specified. The conclusions drawn by the authors facilitate the process of reindustrialization of the economy in the Donetsk People's Republic.