The Embassy of the Republic of Uzbekistan invites Ukrainian companies to take part in the international exhibition TextileExpo Uzbekistan Autumn 2025, which will be held from September 9 to 11, 2025 in Tashkent at the National Exhibition Complex “Uzexpocentre”.
The exhibition will feature a wide range of products: ready-to-wear, textiles, knitwear, yarns and fabrics. More than 300 companies, including more than 100 Uzbek exporters, will take part in the event, presenting a wide range of textile products.
Participation in the exhibition opens up unique opportunities for establishing business contacts, finding new suppliers and expanding export markets.
For more information about the exhibition and to register, please follow the link.
Kyivstar, Ukraine’s largest telecommunications operator, has announced the launch of its own cloud service for Ukrainian business users – Kyivstar Cloud.
“It is available to small, medium and large businesses, as well as public sector organizations,” the company said in a release on Tuesday.
According to Ilya Poltakov, Kyivstar’s director of new business development, the company sees a strong business demand for affordable solutions and believes that the new platform will enable customers to optimize IT infrastructure costs and scale their business quickly and securely.
According to the release, Kyivstar Cloud can be easily scaled. It has an affordable price, no traffic billing due to local placement, and supports hybrid and multi-cloud models: it can be combined with public and private clouds from different providers, such as Microsoft Azure or Amazon Web Services.
It is also noted that Kyivstar Cloud will provide an opportunity to independently create and administer a server, virtual machines, an environment for remote access to programs, host CRM, ERP and other systems, store company data, deploy or test software, etc.
According to the report, Kyivstar Cloud is built on Hewlett Packard Enterprise (HPE) edge-to-cloud servers.
“In the future, Kyivstar Cloud can become not only a business service but also a part of nationwide solutions for e-government, medical systems, educational platforms and other digital infrastructure services,” the release says.
“As of March 2025, Kyivstar served about 22.7 million mobile subscribers and more than 1.1 million Home Internet subscribers. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, Cloud solutions, cybersecurity services, digital TV, etc. and has declared investments in new telecom technologies in 2023-2027 of $1 billion.
Kyivstar’s shareholder is the international VEON Group, whose shares are listed on the NASDAQ stock exchange (New York).
The International Chamber of Commerce (ICC) is helping Ukrainian businesses expand beyond Europe, particularly into Latin America and Africa, ICC Secretary General John W. H. Denton said in an interview with Interfax-Ukraine.
“We have already brought delegations of Ukrainian companies to Bogota and Nairobi. This gives them international recognition and helps attract new partners,” he said.
The ICC (International Chamber of Commerce) is the world’s largest business organization representing the interests of the private sector at the global level. Its headquarters are located in Paris. It has more than 170 member countries and more than 45 million companies, entrepreneurs, and business associations worldwide.
Status: It has observer status at the UN and works closely with the WTO, G20, IMF, and other international organizations.
The ICC develops global standards and rules for doing business (e.g., Incoterms®); resolves international disputes through the ICC International Court of Arbitration, one of the most authoritative arbitration bodies in the world; and promotes free trade, sustainable development, and the digitalization of the economy.
For more details, see the interview at https://interfax.com.ua/news/interview/1082092.html
On June 24, NovaPay International Financial Service (NovaPay TM) launches a public offering of the 10th series of bonds – Series J – with a total nominal amount of UAH 100 million of its subsidiary NovaPay Credit LLC, which will be used by the issuer in its bond repurchase program, which is an alternative to deposits.
As reported on the company’s website, the public offer of series B, G and H bonds is simultaneously withdrawn.
According to the information, the rates under the repurchase agreements are as follows: 10% p.a. for one month (28 days), 12% for 2 months (63 days), 14.5% for 3 months, 16.5% for 4 months, 17.5% for 6 and 9 months, and 18% for 12 months.
The bonds were issued for a term of three years with interest income payable at the end of the maturity period, and the nominal interest rate was increased to 18% per annum from 17% per annum in the previous series.
Univer Capital LLC was appointed as the administrator of the J series bonds, as well as the previous ones.
“The funds raised as a result of the bond issue through a public offering are planned to be used in the following areas: credit operations for legal entities – 20% of the actual funds raised; credit operations for individuals – 80% of the actual funds raised,” the prospectus said earlier.
As reported, in 2023, NovaPay made three public issues of interest-bearing bonds of series A, B, and C for UAH 100 million each, and last year issued six more series of bonds – D, E, F, G, H, and I. In particular, in October-December 2024, three series of bonds – “G”, “H” and “I” – were placed for a total amount of UAH 290 million, which increased the total amount of the company’s securities in circulation to UAH 890 million.
Securities of all series, except for “B” and “I”, are used for the repurchase program and are available for purchase in the NovaPay mobile application, while “B” and “I” bonds are offered for sale to institutional clients, with interest income paid quarterly.
According to the prospectuses, the last three series of bonds have a three-year maturity. The nominal interest rate on them is 17% per annum, while for the three previous issues it was 18%.
NovaPay, which promotes most of its bonds as an alternative to bank deposits through a one- to 12-month repurchase scheme. Since April 17, the company has slightly raised interest rates on them: now they range from 10% per month to 19% per year, and a new investment term of four months at a rate of 17.5% per annum has been added.
NovaPay is an international financial service founded in 2001. It is part of the Nova group and provides online and offline financial services at Nova Poshta offices. It was the first non-bank financial institution in Ukraine to receive an expanded NBU license in 2023, which allowed it to open accounts and issue cards, and the first non-bank to launch its own financial application at the end of last year.
According to the previously published prospectus, NovaPay Credit plans to increase its interest income to UAH 802.1 million this year, and to UAH 1 billion 515.1 million next year, and to generate UAH 518.9 million and UAH 1 billion 30.6 million in net profit, respectively.
Last year, the company’s net profit increased to UAH 89.2 million from UAH 40.3 million a year earlier, while revenue grew to UAH 285.6 million from UAH 95.6 million.
The International Chamber of Commerce (ICC) has introduced reduced fees for Ukrainian companies applying to the ICC International Court of Arbitration. This was announced in an interview with Interfax-Ukraine by ICC Secretary General John W. H. Denton.
“Yes, the decision to reduce fees was implemented to remove barriers to commercial dispute resolution for Ukrainian businesses,” he said.
In addition, according to the ICC Secretary General, the ICC One Click digital platform is now available in Ukrainian and integrated into the network of regional chambers of commerce and industry. He also announced this in an interview with the agency.
“Ukrainian small and medium-sized enterprises (SMEs) are already using the platform, undergoing training, and integrating into international supply chains,” Denton added.
The ICC (International Chamber of Commerce) is the world’s largest business organization representing the interests of the private sector at the global level.
Headquarters: Paris, France.
Member countries: more than 170.
Members: over 45 million companies, entrepreneurs, and business associations worldwide
Status: has observer status at the UN, works closely with the WTO, G20, IMF, and other international organizations.
The ICC develops global standards and rules for doing business (e.g., Incoterms®), resolves international disputes through the ICC International Court of Arbitration, one of the most authoritative arbitration bodies in the world, and promotes free trade, sustainable development, and the digitalization of the economy.
For more information, see the interview: https://interfax.com.ua/news/interview/1082092.html
The International Chamber of Commerce (ICC) will hold a roundtable on export finance guarantees as part of the Ukraine Recovery Conference in Rome. This was announced by ICC Secretary General John Denton in an interview.
According to him, one of the main obstacles to investment is the lack of risk insurance coverage.
“We have invited banks, governments, and businesses to address this issue,” he added.
URC2025 will take place on July 10-11, 2025. It will be the fourth Ukraine Recovery Conference, continuing a series of high-level political events dedicated to the rapid recovery and long-term reconstruction of Ukraine.
The ICC (International Chamber of Commerce) is the world’s largest business organization representing the interests of the private sector at the global level. Its headquarters are located in Paris. It has more than 170 member countries and over 45 million companies, entrepreneurs, and business associations worldwide.
Status: has observer status at the UN and works closely with the WTO, G20, IMF, and other international organizations
The ICC develops global standards and rules for doing business (e.g., Incoterms®); resolves international disputes through the ICC International Court of Arbitration, one of the most authoritative arbitration bodies in the world; and promotes free trade, sustainable development, and the digitalization of the economy.
For more details, see the interview at https://interfax.com.ua/news/interview/1082092.html
