Business news from Ukraine

Business news from Ukraine

“DTEK Networks” Installed Nearly 136,000 Smart Meters in Six Months

According to the results of the first half of 2026, the distribution system operators (DSOs) of DTEK Networks continue to expand the automated commercial electricity metering system (ACEMS), which allows for real-time monitoring of electricity consumption.

“During the first half of 2026, specialists installed nearly 136,000 smart meters in Kyiv, Kyiv, Odesa, and Dnipropetrovsk regions, which is 37% more than during the same period last year,” the operating holding reported on Wednesday.
The pace of smart meter installation continues to grow, and currently, one in three customers in Kyiv, Kyiv, Odesa, and Dnipropetrovsk regions is already using them.

It is noted that smart meters are part of the ASKOE system. They automatically transmit readings to the distribution system operator (DSO), which simplifies the process of accounting for electricity consumption and allows utility companies to more quickly obtain information about the state of the grid and analyze consumption.
As explained by DTEK Networks, for customers, the installation of these meters means less hassle with regularly submitting meter readings and more accurate tracking of electricity consumption.

The implementation of the ASKOE system is taking place as part of an investment program approved annually by the energy regulator, the NEURC.
“You can find out if a meter replacement is scheduled for your home this year on your distribution system operator’s website,” the company explained to consumers.

The installation of smart meters is part of the “Network of the Future” project aimed at modernizing energy infrastructure and implementing Smart Grid technologies.
“DTEK Networks” operates in the business of electricity distribution and power grid operation in Kyiv, as well as in the Kyiv, Dnipropetrovsk, Donetsk, and Odesa regions. The company’s distribution system operators serve 5.1 million households and 150,000 businesses.

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Businesses Were Fined Over 7 Mln UAH for Failing to Submit Transportation Data to Territorial Mobilization and Social Support Centers

During the first five months of 2026, Ukrainian companies were fined over 7 million UAH for failing to submit or for late submission of transportation data to the Territorial Mobilization and Social Support Centers.

According to OpenDataBot, which cites information from the Ukrainian Armed Forces’ Land Forces Command, 263 penalty orders were issued between January and May. The total amount of fines imposed was 7.057 million UAH.

Of this amount, 6.652 million hryvnias—or 94%—have already been paid voluntarily by the companies or collected by force into the budget.

In total, since 2014, 1,047 Ukrainian companies have received rulings for failing to submit information on their vehicles. Notably, 87% of all sanctions were imposed after the start of the full-scale war.

The rulings are issued against company officials responsible for submitting the information. These may include directors, accountants, or other employees entrusted with these duties.

Companies are required to report twice a year to the TCC and the SP on the availability and technical condition of their vehicles and equipment.

Original source: OpenDataBot – “7 million UAH in fines imposed on businesses this year for failing to submit information on vehicles to the TCC”, published on July 29, 2026.

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Number of bank branches in Ukraine has fallen to 4,754

The network of branches of Ukrainian banks decreased by 38 branches in the second quarter of this year, following a reduction of 23 branches in the first quarter, and now stands at 4,754 branches, according to statistics from the National Bank of Ukraine (NBU).

According to the data, Oschadbank closed the most branches in the second quarter—10—reducing its network to 1,115, though it retained its lead in terms of total number of branches.
Due to the liquidation of Motor-Bank, all six of its branches ceased operations in the second quarter.

PrivatBank and Ukreximbank each closed five branches, bringing the networks of these state-owned banks to 1,050 and 18 branches, respectively.
From April through June, TAScombank (83 branches) and Kominbank (39) each closed three branches, while Ukrsibbank (214), Bank Credit Dnipro (31), and Oksi Bank (9) each closed two.

During the second quarter, Raiffeisen Bank (282), A-Bank (196), Poltava-Bank (70), Globus Bank (32), Radabank (32), Alliance Bank (30), Ukrainian Capital Bank (14), and the European Industrial Bank (6).
At the same time, Accordbank (177) opened five new branches, MTB Bank (47) opened two, and PUMB (220) opened one.

According to the National Bank, as of early July of this year, the largest branch networks in Ukraine were operated by the state-owned Oschadbank (1,115) and PrivatBank (1,050). They were followed, by a significant margin, by Raiffeisen Bank (282), PUMB (220), and Ukrsibbank (214).
The top five by number of branches also included Ukrgasbank (206), A-Bank (196), Akordbank (177), Sens Bank (137), and Credit Agricole Bank (124).

As of early July, the five banks with state ownership maintained a network of 2,526 branches, accounting for 53.1% of the total number of branches.

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Job Interview in English at International Company—What to Prepare For

The candidate has a good command of English; they read documentation daily, correspond with colleagues, and watch professional videos without subtitles. During the interview, they’re asked to briefly introduce themselves, and suddenly their response falls apart: too many details, several long pauses, and awkward transitions between topics.

This doesn’t necessarily mean their language proficiency is too high. An interview tests more than just English. It simultaneously requires recalling relevant experience, choosing the best example, constructing a logical response, monitoring the interviewer’s reaction, and speaking under the pressure of being evaluated.

In a typical work conversation, this combination doesn’t happen very often. That’s exactly why you should prepare for an interview as if it were a distinct professional situation.

There are more predictable questions than you might think

Recruiters may phrase questions differently, but the main topics recur. Candidates are asked to explain their experience, identify their strengths, and describe a challenging project, a conflict, a mistake, a poor decision, or a time-sensitive situation.

This is good news. You don’t need to anticipate every possible question. It’s enough to prepare a small repertoire of professional stories that can be adapted to different questions.

For example, one story about launching a project can showcase leadership, risk management, communication with the team, and the ability to act in the face of uncertainty. Another, about a mistake, can demonstrate accountability and how the candidate adapts the process after a setback.

The worst strategy here isn’t a lack of perfect English. It’s much more dangerous to wait until after the recruiter asks the question to come up with the right example.

Structure isn’t just for the sake of a polished answer

Behavioral interviews are often built around questions like Tell me about a time when… or Can you give me an example of….

For these answers, it’s helpful to use the STAR framework: Situation, Task, Action, Result. It shouldn’t sound like a memorized formula. Its purpose is simpler: to prevent the candidate from getting lost in the backstory and forgetting how it all ended.

A weak answer often looks like this: the person spends a long time describing the company, the team, the context, and other people’s actions, while squeezing their own decision into a single sentence. The interviewer hears a lot of details but doesn’t understand exactly what the candidate did.

It’s better to structure your response differently:

  1. Briefly explain the situation.
  2. State your responsibilities.
  3. Describe your actions in more detail.
  4. Conclude with a specific result and takeaway.

The phrase We successfully completed the project says almost nothing about the person’s contribution. It’s much more helpful to explain exactly what changed: the timeline was shortened, the number of errors decreased, the client approved the solution, or the team avoided a recurrence of the problem.

A memorized script can also be a hindrance

Preparation doesn’t mean you have to write twenty answers and memorize them word for word.

A memorized monologue is easy to spot. The candidate speaks too monotonously, and after a follow-up question, they lose their rhythm because the conversation has strayed from the script. In addition, long prepared responses often contain vocabulary that the person doesn’t use naturally.

It’s more practical to prepare an outline:

● the main idea;

● two or three facts;

● relevant professional terms;

● a brief conclusion.

Then the answer sounds slightly different each time, but it doesn’t fall apart. This is closer to a real interview, where the recruiter might interrupt, ask for clarification on a detail, or move on to the next question sooner than the candidate expected.

Talking about yourself shouldn’t be a biography

The question Tell me about yourself seems simple, so it’s often underestimated. People start with college, recount their entire career path, and after a few minutes still haven’t gotten to why they applied for this particular position.

The interviewer usually doesn’t need your entire life story—they need the professional context. A good answer takes about one or two minutes and ties together three things:

● what you do now;

● which experience is most relevant to the role;

● why taking the next step here makes sense.

For example, instead of listing every job you’ve ever had, focus on the last few years, the types of projects you’ve worked on, and the responsibilities you’d like to expand.

This helps the recruiter quickly form a comprehensive picture of the candidate. It also reduces the risk that your key points will get lost somewhere between your first internship and a position that’s long since become irrelevant.

Language difficulties arise under pressure

During an interview, your active vocabulary often shrinks. You know the right word but can’t recall it at the right moment. You start constructing overly long sentences, lose your train of thought, or correct yourself several times.

This is a normal reaction to stress. Trying to combat it solely by reviewing grammar isn’t very effective.

What helps are practice sessions that simulate real-life pace and unpredictability. Don’t just read your answers aloud; ask your conversation partner to ask follow-up questions, change the order of the questions, and interrupt you from time to time.

It’s also helpful to practice phrases that buy you a few seconds to think:

That’s a good question. Let me think of the most relevant example.

There are two parts to my answer.

The main challenge was…

This isn’t a way to mask poor English. Such phrases help you structure your response and avoid filling the pause with random words.

Questions About Weaknesses and Failures

Candidates often try to come up with a “safe” weakness that actually sounds like a strength: taking on too much responsibility, perfectionism, or setting the bar too high for themselves.

Recruiters have heard these answers hundreds of times. A real—but manageable—shortcoming is more valuable: the situation in which it manifested, and a specific change in behavior.

A similar principle applies to mistakes. There’s no need to choose a catastrophe that calls your professional competence into question.

But the answer I can’t think of any major mistakes isn’t convincing either. It tends to show a reluctance to analyze one’s own work.

A strong answer doesn’t justify the mistake or shift the blame onto the team. It explains what the candidate did after it happened.

The salary discussion also requires tact

Even people who answer professional questions well can get flustered when discussing compensation. Here, you have to be polite, specific, and avoid agreeing too quickly—all at the same time.

It’s worth preparing in advance how to frame your expected salary, clarify the compensation structure, and request time to consider the offer.

For example:

Based on the scope of the role and my experience, I’m considering a range of…

Could you tell me more about the bonus structure and the review cycle?

Thank you for the offer. Could I have two days to review the details?

A person may know all these words individually, but without practice, it’s much harder to say them calmly. Money, as it turns out, adds grammatical tension to the conversation without any permission from the CEFR.

What’s Really Worth Practicing

Effective preparation for an interview in English isn’t just about memorizing a list of correct phrases. You need to come up with your own examples, learn to maintain a clear structure, and practice the conversation several times in conditions similar to a real interview.

Before the interview, it’s helpful to check:

● whether you can briefly explain your professional background;

● whether you have a few stories involving results, challenges, conflicts, and mistakes;

● whether you clearly articulate your own contributions;

● whether you’re prepared for follow-up questions;

● whether you can discuss salary and ask the employer your own questions.

A strong interview doesn’t require a flawless accent or complex sentence structures in every sentence. It’s more important for the interviewer to quickly understand your experience, decision-making logic, and suitability for the role.

Therefore, you shouldn’t practice “English in general,” but rather your own professional history. That’s exactly what you’ll need to convey convincingly when someone who knows nothing about you yet appears on the screen.

 

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Low water levels on Danube led to shutdown of reactor at Romanian nuclear power plant and disrupted river cruises

According to The Serbian Economist, on July 28, the Romanian state-owned company Nuclearelectrica conducted a controlled shutdown of Power Unit No. 1 at the Cernavodă Nuclear Power Plant due to abnormally low water levels in the Danube caused by a prolonged drought.

The decision was made in accordance with safety procedures to protect equipment related to the plant’s cooling system. The unit is scheduled to be reconnected to the national power grid once hydrological conditions improve. If water levels continue to drop, a shutdown of Unit No. 2 may be considered.

In the Romanian section of the Danube, the lowest water level in the last 30 years was recorded at the end of July. The drought has already led to restrictions on irrigation, the suspension of some ferry services, and the grounding of grain barges.

Low water levels have also disrupted passenger shipping. Near the Romanian town of Salca, a Swiss-flagged passenger ship running from Drobeta-Turnu Severin to Vidin, Bulgaria, ran aground. There were 186 passengers and 52 crew members on board. Several attempts to refloat the vessel were unsuccessful.

The problems have also spread to the international river cruise market. Several cruise ships were detained north of Budapest, and tourist cruises on certain sections of the Danube were suspended. The Hungarian company MAHART-PassNave reported an 18% drop in bookings in July and suspended sightseeing routes north of Budapest.

Cruise operator Avalon Waterways canceled several Danube cruises, including select sailings on the “Danube Dreams” and “Danube from Romania to Germany” itineraries.

The shallowing of the Danube has affected more than just Romania and Hungary. In Serbia, due to reduced inflow, production at the largest hydroelectric power plant, “Džerdap-1,” has fallen to 5,000 MWh of electricity per day—or one-third of its usual volume. In certain sections, cargo ships and fuel barges are being loaded to only 30–40% of their usual capacity.

Thus, the prolonged drought has simultaneously created risks for the energy sector, freight transport, and the tourism industry in the countries of the Danube region. The resumption of full-scale operations at nuclear power plants, as well as river cruises and cargo navigation, will depend on precipitation in the upper part of the basin and a steady recovery of water levels.

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Cattle herd in Ukraine has decreased by 18% over past year

According to experts.news, as of June 1, 2026, there were 1,786,900 head of cattle in Ukraine, including 941,200 cows, the Milk Producers Association reported on June 26, citing preliminary data from the State Statistics Service.

Compared to June 1, 2025, the cattle herd decreased by 383,000 head, or 18%, while the number of cows decreased by 208,000, also by 18%. Over the month, the total cattle herd increased slightly—by 2,100 head—while the number of cows decreased by 3,300.

About 53% of the herd is held by agricultural enterprises, with the remaining 47% held by private households.

In the industrial sector, there were 951,200 head of cattle as of early June, including 391,900 cows. Over the year, enterprises increased their cattle herd by 4% and their number of cows by 3%.

At the same time, private households held 835,700 head of cattle, of which 549,300 were cows. Over the past year, the private sector lost 33% of its cattle herd and 28% of its cows. It is precisely this reduction in livestock holdings by private households that remains the main cause of the overall decline in the country’s figures.

An increase in the number of cows at agricultural enterprises was recorded in 11 regions. The largest increases in herd size were observed in Rivne Oblast (29%), Lviv Oblast (22%), Kharkiv Oblast (13%), Ternopil Oblast (11%), and Khmelnytskyi Oblast (9%). In Kyiv Oblast, the number of cows in the commercial sector increased by 3%.

The largest cattle herds across all farm categories were held in Poltava Oblast—168,000 head, Vinnytsia Oblast—160,000, Khmelnytskyi—143,400, Odesa—131,600, Chernihiv—126,100, Cherkasy—125,400, and Kyiv—105,700 head. These seven regions accounted for approximately 54% of the country’s total cattle population.

The Milk Producers Association attributes the decline in the herd size to low milk purchase prices, rising costs of feed, fuel, and fertilizers, insufficient farm modernization, and the consequences of hostilities. Farms in frontline regions are also forced to transport their livestock to central and western regions.

According to the association’s estimates, approximately 850 of Ukraine’s 1,375 thousand dairy farms require renovation to meet European standards for animal husbandry. The estimated investment need is approximately EUR219 million.

At the beginning of 1991, Ukraine had 24,623,400 head of cattle, including 8,378,200 cows. By early 2001, the cattle herd had declined to 9,424,000 head, and the number of cows to approximately 4,958,000.

In 2013, Ukraine had 4.646 million head of cattle and 2.554 million cows. As of early 2021, these figures stood at 2.874 million and 1.673 million head, respectively.

As of January 1, 2025, the cattle herd was estimated at 2.002 million head, including 1.155 million cows. By the beginning of 2026, these figures had fallen to 1.804 million head of cattle and 1.022 million cows.

Thus, from the beginning of 1991 to the beginning of 2026, the total cattle herd in Ukraine decreased by approximately 92.7%, or 13.6 times. The number of cows decreased by 87.8%, or 8.2 times.

By June 1, 2026, the number of cows fell below 1 million heads for the first time—to 941,200. Compared to 1991, this represents a decline of nearly 89%, or 8.9 times.

When comparing long-term indicators, changes in statistical coverage should be taken into account. Data for 2015–2021 do not include the temporarily occupied Crimea, Sevastopol, and parts of the Donetsk and Luhansk regions, while figures from 2022 also exclude other occupied territories and parts of combat zones.

Despite the sharp overall decline in livestock numbers, industrial dairy farms in relatively safe regions are partially increasing their herds of productive cows. However, this is not yet sufficient to compensate for the mass exodus of smallholder farms from livestock production.

https://www.experts.news/posts/poholivya-vrkh-v-ukrayini-za-rik-skorotylosya-na-18

 

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