In April-June of this year, the large Ukrainian cable plant Odeskabel received net sales revenue of UAH 737.4 million, which is 33.5% more than in the second quarter of last year.
According to the company’s interim report, during this period, it produced 2,279 tons of copper cable and wire products worth UAH 722.8 million, compared to 1,700 tons worth UAH 578.2 million in the second quarter of last year.
Average selling prices for cable products for the reporting period of 2025, as in 2024, ranged from UAH 600,000 to UAH 1.5 million/km, depending on the brand size.
In April-June 2025, products worth UAH 134.5 million (18.2% of sales) were exported, while in the second quarter of last year, products worth UAH 139.5 million (25.3%) were exported.
As in the previous year, the plant used 70-80% of its equipment during the reporting period.
The report does not contain data on financial results (profit or loss) for the second quarter of both 2025 and 2024.
Odeskabel lists the following issues affecting its operations: high interest rates on bank loans, lack of state orders for domestic manufacturers’ products, refusal of foreign partners to cooperate with Ukraine in the context of the war, and complications in crossing the border for business trips.
According to the company’s interim report for the first quarter of this year, it increased its net sales revenue by 70.2% compared to the same period in 2024, to UAH 738 million, with exports accounting for 22% of sales (UAH 159.7 million), compared to 23.6% (UAH 98.4 million) in the first quarter of 2024.
PJSC “Odeskabel” produces a wide range of communication, radio frequency, digital, and LAN cables, with the most extensive range on the Eastern European market. It also produces power and heating cables, wires, and cords.
In Ukraine, the company’s products are used by telecommunications operators and energy networks, among others.
At the end of the first half of the year, the plant employed more than 800 people.
The national postal operator Ukrposhta has announced the launch of its own network of parcel terminals manufactured by the Ukrainian company Modern Expo, according to the company’s CEO Ihor Smelyansky.
The Prozorro electronic procurement system indicates that the cost of the tender announced on September 16 was UAH 20.79 million. The sole participant, a Ukrainian-Polish joint venture in the form of Modern Expo LLC, was selected as the supplier, and the contract was signed on October 13.
“Today, Ukrposhta can announce the signing of an agreement for the supply of its own post office boxes — importantly, Ukrainian-made — with the market leader, Modern Expo,” Smelyansky wrote on Telegram on Tuesday.
The company’s CEO specified that the first 100 parcel terminals are planned to be installed before the New Year: 70 in Kyiv and 30 in Odesa.
According to him, access to parcels is possible both through the app and through a PIN code on a keyboard with metal buttons. The parcel locker will allow users to both receive parcels and send letters.
According to the agreement, two types of parcel terminals will be supplied: standard and extended autonomy, designed to operate in autonomous mode and with enhanced security standards. The cost of batteries for extended autonomy parcel terminals is four times higher than for standard ones, and charging devices are three times more expensive.
The Prozorro system also states that since the beginning of 2024, Ukrposhta has made several similar purchases of self-service postal terminals (postal terminals) with installation. The cost of those tenders was lower than the agreement with Modern Expo, but the contracts concluded with other winners were subsequently terminated due to their failure to fulfill their obligations.
Corum Druzhkivka Machine-Building Plant (Corum DrMZ), part of the Corum Group (DTEK Energy), has completed the manufacture of a powerful main ventilation fan for the Pavlogradska mine, the plant announced on its Facebook page.
The plant notes that the fan’s impeller has a diameter of 3 m and weighs 26 tons. For comparison, it cites the parameters of the aircraft engine of the world’s largest aircraft, the An-225 Mriya, which has a diameter of 2.33 m and weighs 5.7 tons.
“The fan is 14 m long and over 4 m high and wide. Due to its size, final assembly will take place at the customer’s site, while only partial assembly has been carried out at the plant,” the statement said.
Korum DrMZ notes that this is the fourth fan of this type it has manufactured since 2014 and the third since the company’s relocation.
The cost of the equipment is not disclosed.
According to YouControl, Korum DrMZ, which was relocated to Dnipro in 2022, reduced its losses by 30% in January-June this year compared to the first half of 2024, to UAH 49 million, while its net income fell by 16.8% to UAH 521.6 million.
Corum Group is a leading manufacturer of mining equipment in Ukraine. It is part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
Renowned British journalist and motorsport analyst Joe Sovard, who has been covering the Formula 1 championship since the 1980s, reported on Uzbekistan’s possible interest in hosting a Formula 1 race on its territory.
On the sidelines of the Singapore Grand Prix, which took place at the Marina Bay circuit, representatives of several Asian countries, including Uzbekistan, actively discussed the prospects of organizing future Formula 1 races. This was reported by Joe Sovard, a permanent accredited correspondent for the International Automobile Federation (FIA) and author of the popular blog Joe’s Blog F1, dedicated to the behind-the-scenes aspects of motorsport.
According to Sovard, Uzbekistan is positioning itself as a promising center for the development of international motorsport events in Central Asia. “The paddock at Marina Bay was as lively as ever, and there are rumors that representatives from Thailand, Korea, and even Uzbekistan were discussing possible F1 races in the city in the future,” the expert noted in his recent review. He emphasized that the initiative is in line with Tashkent’s strategic course to modernize infrastructure and strengthen the country’s international image through sport.
Sport is playing an increasingly important role in public life in Uzbekistan. Recently, the national football team qualified for the FIFA World Cup for the first time in history, which gave a significant boost to the development of mass and professional sports.
The government is showing considerable interest in motorsports, undertaking to finance the FIA General Assembly in Tashkent in December this year.
Sovard, whose materials are highly valued in professional circles for their depth of analysis and access to insider information, sees these steps as having the potential to expand the geography of Formula 1. “It is clear that there is interest in cars in the country,” he comments, emphasizing that such initiatives contribute not only to the sporting but also to the economic progress of the region.
Imports of electric telephone or telegraph apparatus and videophones (HS 8517) to Ukraine in January-September increased by 24.4% compared to the same period in 2024, reaching $1.12 billion, according to statistics from the State Customs Service.
According to statistics, the largest volume of these products was imported from China (54.6% or $613 million), Vietnam (15.2% or $171.2 million), and the United States (8.5% or $95.4 million), while last year it was China (64.1% or $579.1 million), Vietnam (16.3% or $147.1 million), and Malaysia (4.2% or $38 million).
At the same time, exports of these products from Ukraine in January-September 2025 amounted to $92.5 million, 42% more than in the first nine months of last year, mainly to Hungary (71.5%), Poland (23.3%), and the Netherlands (less than 1%). During the same period in 2024, products were exported mainly to the same countries, but Hungary accounted for 60%, Poland for 30.4%, and the Netherlands for 4.5%.
According to the State Customs Service, in 2024, telephone or telegraph equipment worth almost $1.26 billion was imported into Ukraine, which is 10% more than in 2023.
