Business news from Ukraine

Business news from Ukraine

Million at stake: OTP BANK announces launch of “L’Amour for car” campaign

JSC “OTP BANK” announces the continuation of its favorite customer campaign “Lam on a car”, the main prize of which is UAH 1,000,000 for the purchase of a car. This time, it is accompanied by a new brand character of the Bank – Lyamchik, who gives good luck and suggests opportunities to increase the chances of winning.

“We have made sure that you can test your luck once again. We continue the tradition of special offers, promotions and other pleasant surprises for our customers. And to add vivid emotions, good mood, and positive attitude to the “Lam to the Car” campaign, we have introduced a new character. From now on, Lyamchik is our mascot. Follow his advice closely, as it will help you increase your chances of winning and grow financially,” said Natalia Slichuk, Head of Marketing Department of OTP Bank.

How to join the campaign?

You need to take one of the following steps at an OTP BANK branch, on the financial institution’s website or in the OTP Bank UA mobile application

  • open a term deposit with interest payment at the end of the term, with monthly interest payment or with interest capitalization in the national currency of Ukraine for a term of 90 days to 180 days in the amount of UAH 30,000 or more
  • take a cash loan in the national currency of Ukraine in the amount of UAH 30,000 or more;
  • to obtain a reinforcement in installments in the amount of UAH 5,000 or more.

Lyamchyk sincerely supports each client, so he gives his own tips: each subsequent action that meets the conditions of the promotion automatically increases the chances of winning. There can be an unlimited number of such steps.

Our hero also draws attention to the fact that an additional opportunity to increase your chances is available in the OTP Bank UA app – look for the “Multiply Chances” banner and activate your luck.

The promotion lasts from July 7 to August 31, 2025. The lucky one will be able to choose: to receive UAH 1,000,000 to an account at OTP Bank or to use the funds to purchase the car of his dreams.

We would like to remind you that during the previous stage of the “Lamb for a car” campaign, a client of the Bank from Vinnytsia, who took out a loan for a used car, became the winner.

Details and terms of the campaign are available at the link.

 

,

Head of Ukrtransbezpeka announces introduction of Smart-Tacho system

The State Service of Ukraine for Transport Safety (DSBT, Ukrtransbezpeka) will soon introduce the Smart-Tacho system, which reads, analyzes, and records violations of drivers’ work and rest regulations, said the head of Ukrtransbezpeka, Mykyta Lagunin, in an interview with the agency “Interfax-Ukraine.”

“The remote control module can be installed on the frame of the WIM complex, on the inspector’s vehicle, or on another road structure and automatically read information without stopping the car.

This ensures consistency and reduces the human factor, and with it, the risk of corruption,” he said. Lagunin added that with the help of the Ministry of Community and Territorial Development, a regulatory framework was quickly developed that will, in particular, allow for the issuance of cards for smart tachographs to drivers, Ukrtransbezpeka inspectors, transport companies, and tachograph service points that install, adapt, maintain, and calibrate tachographs.

Ukrtransbezpekha inspectors, transport companies, and tachograph service centers that install, adapt, maintain, and calibrate tachographs.

“So, we plan for this system to start working on our roads very soon,” the head of the service emphasized, but did not specify a specific date.

According to him, the system will be introduced immediately without any additional stages, and all new vehicles are already equipped with this latest model.

He added that until now, carriers who purchased such vehicles were unable to undergo the so-called verification and adaptation of smart tachographs in Ukraine, so they had to travel to a European country to have the smart tachographs verified, and only then could they carry out transportation within the territory of the EUTR member states (European Agreement concerning the Work of Crews of Vehicles Engaged in International Road Transport). Now this can be done in Ukraine, Lagunin emphasized.

He clarified that the rule on the use of Smart-Tacho applies only to routes longer than 50 km, so it does not apply to suburban transport.

 

, , ,

DTEK Energy doubled its production of mining equipment in first half of year

DTEK Energy’s machine-building enterprises manufactured and repaired 1,707 units of mining equipment in January-June 2025, including four new roadheaders for mining, according to the energy holding’s press service.

According to a press release on Tuesday, machine builders also manufactured 1.2 million spare parts and components.

As reported, in the first half of 2024, 757 units of mining equipment were manufactured and repaired, including eight new roadheaders and cleaning combines.

At the same time, 542,000 spare parts and components were produced. “DTEK Energy’s machine builders are actively manufacturing equipment and providing miners with the necessary spare parts.

This allows Ukrainian mines to steadily extract coal so that thermal power generation can confidently get through the summer peak loads and enter the next heating season more reliably,” said DTEK Energy CEO Alexander Fomenko in a press release.

DTEK Energy’s machine-building assets include the Druzhkivka Machine-Building Plant (relocated to Dnipro in 2022), the Svitlo Shakhtaria plant in Kharkiv, and the Pershotravne RMB.

As reported, in the first half of 2025, DTEK Energy invested UAH 2.9 billion in Ukrainian coal mining, while in 2024, investments in Ukrainian mines amounted to about UAH 7.5 billion, and over the last three years (2022-2024) – UAH 18 billion.

Since the beginning of this year, DTEK Energy miners have put seven new coal seams into operation.

DTEK Energy provides a closed cycle of coal-fired power generation. As of January 2022, the company’s installed thermal generation capacity was 13.3 GW. A complete production cycle has been established in coal mining: coal extraction and enrichment, machine building, and maintenance of mining equipment.

 

,

Ukrtransbezpeka proposes to legislate community interest in installing WIM complexes

Communities or other entities responsible for maintaining motorways will receive 35% of the fines generated by automatic weight-in-motion (WIM) complexes installed on their section of road.

The relevant draft law was developed by the State Service of Ukraine for Transport Safety (DSBT, Ukrtransbezpeka) together with the Ministry of Community and Territorial Development of Ukraine, according to the head of Ukrtransbezpeka, Mykyta Lagunin.

“The main drawback of WIM complexes is that there are not enough of them on the roads. During wartime, WIM complexes cannot be a priority, so we decided to review the paradigm of our approach to this issue. Together with our ministry, we want to involve other stakeholders who are responsible for local roads and communities in this process,” he said in an interview with the Interfax-Ukraine news agency.

Lagunin specified that 57 WIM complexes are currently connected to Ukrtransbezpeka and are operational, although according to the initial plan, which was developed back in 2020, there should have been approximately 250 units.

According to him, we are talking about WIM complexes on the road and a new type of automatic recording, the so-called Low-Speed WIM – platforms with more accurate measuring equipment, which do not have such high throughput capacity, but it is advisable to place them at unloading/loading points, for example, at the entrance to the port.

“If a truck can somehow bypass a WIM complex on the highway by driving through villages, it will still pass through this Low-Speed WIM with high measurement accuracy at the port entrance,” explained the head of the service.

Lahunin noted that five years after the introduction of the WIM complex system, which not only helped inspectors pull over vehicles with signs of overloading from the flow of traffic, but also immediately fine them, this system has proven to be very effective, so the main task is to scale it up.

According to the head, there are some problems with the operation of WIM complexes, but they can be solved through upgrades and closing loopholes where drivers bypass these complexes.

Lahunin clarified that there cannot be WIM complexes directly in Ukrtransbezpeka, because they are an integral part of the road as an engineering structure, and only the road’s balance holder, for example, the community, can install a WIM complex.

At the same time, he said that it is proposed to leave 15% of the fines collected by WIM complexes for the development of Ukrtransbezpeka, where the current salary of an inspector is 22-23 thousand hryvnias per month, and the remaining 50% to the general budget of Ukraine.

According to the head of the service, this bill is currently being discussed with all interested central government agencies.

“This will allow us to quickly and effectively develop a network of WIMs and build an effective system of safeguards against overloading,” Lagunin emphasized.

According to him, the approximate cost of a two-lane WIM complex today is about 18 million hryvnia, which is not an insurmountable burden for most communities.

“Some WIM complexes installed in places with heavy traffic can pay for themselves in six months.

We are not saying that this should become a means of making money, but with the effective operation of the WIM complex, violators understand that they should not violate the rules. So, first, communities will recoup the costs of developing and maintaining this system, and then they will save on road maintenance,” said the head of Ukrtransbezpekha.

He also reported that in six months, the state budget was replenished by more than UAH 65 million thanks to WIM fines, while during road checks over the same period, about 300 inspectors imposed sanctions totaling more than UAH 283 million. The largest number of violations were recorded by WIM complexes in the Kyiv region (858), Dnipropetrovsk and Poltava regions (395 and 207, respectively), with a total of 2,700 fines issued to violators.

“If we can build WIM complexes and replace our inspectors with computers that do not systematically take bribes, that would be great… Our main focus and priority is the maximum digitization of all possible functions,” Lagunin emphasized.

In total, over the four years of operation of the automatic detection system, UAH 560 million has been paid into the budget.

Ukrtransbezpeka notes that most often the WIM system detects violations of the dimensional and weight limits established by law by 5% to 10% inclusive, with fines reaching UAH 8,500. Before the full-scale invasion of the Russian Federation, this figure was 36% of the total number of violations, while after the resumption of the WIM system complexes in May 2022, the figure rose to 64% of the total number of violations.

 

, ,

Uzbekistan intends to expand export of IT services and create national AI model

On July 1 this year, the President of Uzbekistan watched a presentation of plans in the field of digital technologies, artificial intelligence, and telecommunications.

The number of residents of the IT park of Uzbekistan has exceeded 2800, and the number of foreign companies has reached 752. About 40 thousand young people earn high incomes in this area.

Over the past 5 years, the industry’s exports have grown from $170 million to almost $1 billion.

In 2024, startups attracted $70 million in venture capital investment.

As a result, Uzbekistan has risen 12 positions and entered the top 100 of the global ranking of startup ecosystems. The country also moved up 17 positions in the international AI readiness index, ranking first in Central Asia.

Uzbekistan topped the ranking of CIS countries in terms of the growth rate of the telecommunications industry.

Work in this area is ongoing. In particular, the following goals are set for the next year:

  1. Digitalization of 70% of public services,
  2. Increase the volume of IT services to $7.9 billion
  3. Rise to at least 55th place in the E-Governance Development Index

As part of the implementation of these goals, a number of draft regulatory documents have been developed and discussed during the presentation.

To date, 760 types of public services have been digitized. Last year, 10 million citizens used digital services.

Shavkat Mirziyoyev noted that it is time to move on to the next stage – building a Digital Government. First of all, digitalization should cover the most popular areas: education, healthcare, construction, and utilities.

Special attention was paid to the development of artificial intelligence technologies. According to the Presidential Decree of October 14, 2024, the AI development strategy until 2030 was approved. USD 50 million has been allocated for the development of infrastructure in this area.

The goal is to create a national model of artificial intelligence and train 1 million specialists.

The Minister of Digital Technologies reported on the current stages of this task and measures to improve the infrastructure.

Expanding the scope of digital services and export potential remains a priority. So far, the main indicators are concentrated in Tashkent, but thanks to the conditions and benefits created in the country, interest from foreign specialists and companies is growing.

In this context, the President emphasized the importance of creating an attractive environment in each region in order to more actively attract foreign IT companies and stimulate the development of the digital economy throughout the country.

 

, ,

Ukrgazvydobuvannya has launched new well with capacity of 383,000 cubic meters per day

Ukrgazvydobuvannya, part of the Naftogaz group, has commissioned a new high-yield exploration well with a flow rate of 383,000 cubic meters of natural gas per day.

This was reported in a press release of the group with reference to the chairman of the board of Naftogaz of Ukraine, Serhiy Koretsky.

“This result is a joint achievement of all divisions of Ukrgazvydobuvannya that were involved in the design, drilling, and development.

I would like to thank everyone who worked on this well. Step by step, we are strengthening our own production,” he said.

The well is inclined, with a depth of almost 5.7 km. All work, from drilling to commissioning, was completed a month and a half ahead of schedule.

According to Naftogaz, two more exploration wells are currently being drilled at the same field, and three more are planned to start drilling in the near future.

As reported, Ukrgazvydobuvannya set a new drilling record in January-March 2025, reaching 107,136 meters, which is almost twice as much as in the same period of 2024 and exceeds the previous quarterly maximum recorded in the third quarter of 2024 (102,866 meters).

 

, ,