Business news from Ukraine

Business news from Ukraine

Schneider Electric launches new data center solutions

Schneider Electric, a digital transformation leader in energy management and automation, has announced new data center solutions specifically designed to meet the power and GPU-intensive applications of next-generation AI cluster architectures. Expanding on its EcoStruxure™ Data Center Solutions portfolio, Schneider Electric has introduced the Prefabricated Modular EcoStruxure Pod Data Center**, which consolidates liquid cooling infrastructure, high-power bus systems, and high-density NetShelter racks. Additionally, EcoStruxure Rack Solutions include detailed rack configurations and frame designs designed to accelerate the deployment of high-performance computing (HPC) and AI data centers.

Organizations are deploying AI clusters and facing extreme rack power densities that are projected to reach 1 MW or more. Schneider Electric’s new line of solutions provides customers with integrated, data-proven, and easily scalable white space solutions that address new challenges in module and rack design, power distribution, and thermal management.

“The enormous power and density required for AI clusters create bottlenecks that require a new approach to data center architecture,” said Himamshu Prasad, senior vice president, EcoStruxure IT, Transactional & Edge and Energy Storage Center of Excellence at Schneider Electric. “Customers need integrated infrastructure solutions that not only handle extreme thermal loads and dynamic power profiles, but also deploy quickly, scale predictably, and operate efficiently and environmentally. Our innovative next-generation EcoStruxure solutions directly address these critical requirements.”

New product overview

  • Prefabricated Modular EcoStruxure Pod Data Center: Pre fabricated, scalable module architecture enables operators to deploy high-density racks at scale, supporting modules up to 1 MW and more. Custom-designed, the new module infrastructure offers flexibility and supports liquid cooling, power bus, complex cabling, and cooling architectures with hot aisle isolation, InRow, and rear door heat exchanger. The Prefabricated Modular EcoStruxure Pod Data Center now comes pre-engineered and pre-assembled with all components for rapid deployment to support high-density workloads.
  • EcoStruxure Rack Solutions:
  • These robust high-density rack systems meet EIA, ORV3, and MGX standards approved by leading IT chip and server manufacturers.
  • The configurations accommodate a wide range of power and cooling distribution schemes and utilize Schneider Electric’s Motivair in-rack liquid cooling, as well as new and expanded rack and power distribution products, including:
  • NetShelter SX Advanced Enclosure: This new line features taller, deeper and stronger racks to support increased weight, cabling and infrastructure. The NetShelter SX Advanced has an enhanced load rating and is protected by impact-resistant packaging to ensure safe transportation of AI servers and liquid cooling systems.
  • NetShelter Rack PDU Advanced: These power distribution units have been upgraded to meet the high-current needs of AI servers. Designed for efficient rack placement, NetShelter Rack PDU Advanced offers compact vertical and horizontal models with more dedicated circuits. Intelligent operational functions are now provided by a Schneider Electric network card, which enhances security and ensures seamless integration into EcoStruxure IT.
  • NetShelter Open Architecture: This rack architecture, developed from the Open Compute Project (OCP), is available as a custom solution and includes open rack standards, power panel, and in-rack busbar. As part of this, a new Schneider Electric rack system was also developed to support the MGX rack in the NVIDIA GB200 NVL72 platform, enabling Schneider Electric to enter the NVIDIA HGX and MGX ecosystems for the first time.

“Building a strong ecosystem of trusted partners is essential to supporting the deployment of our advanced AI platforms, and Schneider Electric’s solutions help provide customers with a reliable, proven infrastructure to accelerate their success,” NVIDIA emphasized. “We are also actively collaborating to support the growing demands of AI factories and the transition from kW to MW racks by jointly developing future-proofing solutions such as architectures to increase scalability, density, and efficiency.”

The new solutions and a set of developed data center reference designs provide data center operators and the Schneider Electric partner ecosystem with the infrastructure and insights they need to deploy powerful AI clusters faster and more reliably, while addressing common barriers to adoption, including

  • Power and cooling reliability for AI workloads
  • Deployment complexity and risk
  • Speed to market and supply chain sustainability
  • Lack of skilled personnel to manage advanced infrastructure

These enhanced EcoStruxure offerings complement Schneider Electric’s robust line of fully integrated, end-to-end AI infrastructure solutions – from advanced hardware, intelligent software, services such as EcoCare™ and EcoConsult for data centers, to strategic industry partnerships with key IT players. Schneider Electric is the partner of choice for building efficient, resilient, scalable, and AI-optimized data centers.

The new EcoStruxure Pod Data Center and EcoStruxure Rack solutions are now available worldwide. More information can be found here.

About Schneider Electric

Schneider’s purpose is to create impact by empowering everyone to make the most of energy and resources, ensuring progress and sustainability for all. We call it Life Is On.

Our mission is to be a trusted partner in sustainability and efficiency.

We are a global technology leader, bringing world-class expertise in electrification, automation and digitalization to smart industries, reliable infrastructure, future-proof data centers, smart buildings and intuitive homes. Drawing on our deep industry expertise, we provide integrated end-to-end AI-enabled industrial IoT solutions with connected products, automation, software and services, creating digital twins to drive profitable growth for our customers.

Ourmain resource is our 150,000 employees and more than a million partners operating in more than 100 countries to ensure proximity to our customers and stakeholders. We support diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover the latest perspectives shaping sustainability, Electricity 4.0, and next-generation automation at Schneider Electric Insights.

Cost of loan in new way: how real annual interest rate formula works

In Ukraine, there is a growing misunderstanding of the real cost of loans due to the fact that the real annual interest rate (RAR) sometimes reaches more than 3,600%. At first glance, this is a real shock for consumers who are used to seeing advertisements with the offer of “1% per day” and expecting about 365% per annum.
Sergiy Sinchenko, a financial expert and CEO of Moneyveo, wrote about this in his blog, explaining the reasons for this gap between customer expectations and official figures.
The main difficulty lies in the formula for calculating the PPI, approved by the National Bank Resolution No. 16. It is based on the XIRR method, a complex financial function that takes into account each payment, the date of its execution, and the reinvestment effect. As a result, even simple loans with an interest rate of 1% per day yield a formal rate of over 3,600% per annum.
“The formula is mathematically correct, but not easy for an average consumer to understand,” Sinchenko says. “It simulates compound interest, as if the lender reinvests every payment received. This makes the effective rate look gigantic, even though the client is actually paying a simple interest rate.”
The paradox is that companies that operate transparently, without hidden fees and additional charges, often have a higher APR due to an objective methodology. Meanwhile, companies with numerous small payments may show lower official rates, but the actual costs to customers are higher.
The expert suggests keeping the RRPS tool, but simplifying its presentation for consumers. In particular, he recommends using a more intuitive calculation for simple loans, which would reflect the percentage of total loan costs without complex capitalization.
Such changes will help make the lending market more transparent and understandable, increase customer confidence, and promote healthy competition.

https://www.fixygen.ua/news/20250625/vartist-kreditu-po-novomu-yak-pratsyue-formula-realnoyi-richnoyi-protsentnoyi-stavki.html

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“Interchem” supported recreation of Alla Gorska’s Mariupol painting “Boriviter”

Interchem Pharmaceutical Company has joined the initiative “Boriviter. Restoration” initiative, a large-scale art project to preserve cultural memory, in which 15 artists recreated the mosaic of Alla Gorska’s Sixty Saints in Mariupol, which was probably destroyed by Russian shelling.

According to the company in a press release, the symbolic part of the new panel, the head of the legendary bird, became a sign of InterChem’s participation in the initiative – the company will keep it as a talisman of invincibility and freedom.

“We joined this project not only as philanthropists, but first and foremost as Ukrainians who care about their heritage. We don’t know if the original of this magnificent mosaic has survived, but we will make every effort to preserve what it symbolized: the thirst for freedom and the strength for revival,” commented Anatoliy Reder, CEO of the company.

Participation in the initiative to restore cultural heritage has become another opportunity for Interchem to support the state and citizens of Ukraine in times of war. Since the first days of the full-scale invasion, the company has focused its efforts on helping the military, medics, IDPs and regions affected by the hostilities. In total, since the beginning of 2022, InterChem has donated over UAH 250 million to charity.

The key areas of the company’s charitable activities include the provision of medicines, the purchase of machinery and equipment for military units, and support for humanitarian initiatives. The company donated almost UAH 70 million worth of medicines and medical devices to the Ministry of Defense, the National Police, hospitals, orphanages and communities affected by the war. At the initiative of InterChem, mobile shelters were installed in Mykolaiv, Kherson, Chernihiv, and Odesa, and the company financed the purchase of marine drones, warning systems, and evacuation medevacs as part of United24 projects.

The company provides ongoing assistance to more than 40 combat units of the Armed Forces of Ukraine, and pays special attention to supporting air defense forces. “Interchem financed the creation of the RPS-7 Inhul electronic intelligence station, provided FPV drones for the Defence Intelligence of Ukraine, Deltaquad Pro UAVs for the Armed Forces of Ukraine, night sights and night vision devices for air defense and naval units, etc. In general, since the beginning of the full-scale invasion, Interchem has donated dozens of powerful motor boats, hundreds of unmanned aerial and ground vehicles, vehicles, including evacuation and reanimation vehicles, equipment for mobile air defense groups, searchlights and electronic warfare systems to the Defense Forces.

“As a pharmaceutical company, INTERCHEM is a strategic part of the national healthcare system. And as a responsible Ukrainian business, we are a strategic part of the resistance to the Russian invasion. Both of these roles complement each other; by supporting the army, we contribute to the security of citizens, and by taking care of citizens, we help to form a strong home front for our defenders,” emphasized Reder.

Currently, InterChem is committed to strategic charity and systematic support of foundations, NGOs, schools, hospitals and cultural institutions. Among the partners and beneficiaries of the company’s initiatives are United24, Ukraine WOW, Monster Corporation, South Wind, Prytula Foundation, Technari, Road Home, Red Cross, Federation of Jewish Communities of Southern Ukraine, Odesa Opera House and dozens of others.

Source: https://interfax.com.ua/news/general/1082680.html

 

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Quorum Insurance Company increased premiums by 36% and maintained its high rating

Insurance company “Quorum” (Kyiv) in January-March 2025 collected insurance premiums in the amount of UAH 17.07 million, which is 35.6% more than in the same period of 2024, the rating agency (RA) “Standard-Rating” reported in information on updating the credit rating / financial strength rating of the company on the national scale at the level of “uaAA”.

The agency clarified that it updated the rating based on an analysis of the company’s performance for the specified reporting period.

The insurance company’s revenues from individuals increased by 34.96% to UAH 10.5 million over the year, while there were no revenues from reinsurers. The share of individuals in gross premiums in the first quarter amounted to 61.51%.

Insurance payments sent to reinsurers amounted to UAH 3 million, which is 30.1% less than in the same period of 2024. Thus, the ratio of reinsurers’ participation in insurance premiums decreased by 16.54 percentage points (p.p.) to 17.62%.

The insurer’s net written premiums increased by 69.66% to UAH 14.063 million, and net earned premiums increased by 70.43% to UAH 13.972 million.

The volume of insurance payments and reimbursements made by Quorum Insurance Company in January-March 2025 increased by 54.89% to UAH 2.328 million compared to the same period last year. Thus, the payout ratio increased by 1.7 percentage points to 13.64%.

The company’s operations in this period were profitable. In particular, the profit from operating activities amounted to UAH 1,605 million, and net profit – UAH 1,263 million.

As of April 1, 2025, the company’s assets increased by 0.73% to UAH 70.405 million, equity – by 2.06% to UAH 62.683 million, and liabilities decreased by 8.88% to UAH 7.722 million, while cash and cash equivalents increased by 3.42% to UAH 51.559 million.

Quorum Insurance was established in March 2014 and specializes in risk insurance.

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IMC elevators shipped record 1.1 mln tons of grain in 2024

In 2024, the elevators of the IMC agricultural holding shipped a record volume of grain – more than 1.1 million tons, in January-June 2025, they completed the shipment of the remaining crop of 2024 and carried out preparatory work for the reception of the new harvest, the press service of the agricultural holding reported on Facebook.

The agricultural holding noted that in recent years, several projects have been implemented at IMC elevators as part of the Smart Green Strategy, in particular in the use of green energy.

“Four of IMC’s elevators have already been equipped with solar panels, and installation is underway at two more facilities, which will cover the demand for electricity from green sources for office buildings and critical infrastructure of elevators. This also contributes to the energy independence of the elevators and the continuous production process despite possible interruptions in electricity supply due to Russian shelling of Ukraine’s energy system,” IMC said.

In addition, two of IMC’s elevators and three grain drying complexes have installed heat generators that run on sunflower pellets and grain waste, which allows replacing natural gas with biofuel for the grain drying process.

“This year’s scheduled repairs at IMC’s elevators are already at the completion stage. We are currently disinfecting the production facilities. IMC elevators are ready to accept the new winter wheat harvest,” emphasized Andriy Havrylenko, Deputy CEO of IMC for Grain Storage and Processing.

IMC Agro Holding is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments. The land bank is 116 thousand hectares, storage capacity is 554 thousand tons, with a harvest of 864 thousand tons in 2024.

IMC ended 2024 with a net profit of $54.54 million against a net loss of $21.03 million in 2023. Revenue increased by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25 times to $86.11 million.

 

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Premiums of Express Insurance reached UAH 462.5 mln

In January-May 2025, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 462.5 million, which is 32.1% more than in the same period in 2024, according to the insurer’s website.

Premiums under hull insurance contracts for this period amounted to UAH 313.5 million, which is UAH 35.9 million, or 12.9% more than in January-May 2024, for MTPL – UAH 137.9 million (+76.8%), for other types of insurance – UAH 11.1 million.

The company reports that in January-May 2025, the total amount of insurance claims for insured events amounted to UAH 182 million, including payments to customers with motor hull insurance – UAH 144.2 million, and to victims of motor TPL insurance – UAH 34.8 million.

Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in motor insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.

Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.

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