The territory of modern Nikopol since ancient time was inhabited by Cimmerian tribes (II century BC), which, over time, were drived out by the Scythians. City`s name can be translated from Greek as "Victory City". The economy of the Nikopol includes a powerful industrial sector, Europe's largest PJSC "Nikopol Ferroalloy Plant", NGO "Trubstal", JSC "Centravis Yukrain Productions", "Interpipe Nikotyub" LLC, PJSC "Nikopol Crane Works" operate in Nikopol. The education sector of Nikopol includes 4 profesional institutions and 7 universities.