DMS Financial and Industrial Corporation: Experience That Gives Rise to Modern Solutions
DMS Corporation has many years of experience in developing and implementing projects in the real sector of the economy. We believe in the power of solutions that combine proven effectiveness with innovative ideas—this has been and remains our approach to developing our own business.
In 2010 –2013, the Corporation’s specialists, in collaboration with leading researchers from Donetsk and other cities in Ukraine, drew on their own expertise and cutting-edge international best practices to develop a series of investment projects in sectors such as coal mining, construction, the production of alternative fuels, and the use of alternative energy sources.
These projects received high expert evaluations; however, their implementation was halted due to the outbreak of war in 2014. Changes in the security situation in the region and economic destabilization made it impossible to implement the solutions in their planned formats.
Did this stop the Corporation? On the contrary: we assessed the challenges, planned measures to minimize risks, and began the relocation process. Thus, DMS Corporation preserved and updated its existing ideas and continued working on new investment programs, taking into account the realities of wartime and changes in national and global markets.
Currently, the Corporation’s projects serve as the foundation for business cooperation both within the country and abroad, including, in particular, the potential to attract foreign investment.
We are open to cooperation with partners who, like us, are interested in strengthening and developing the Ukrainian economy. At the same time, DMS Corporation is developing its own projects in strategic sectors.
Energy Efficiency and Heat Generation
The companies of the “TEPLOENERGO-ES” Group, which are part of the Corporation, specialize in the production of thermal energy using alternative fuels.
There are currently nine modern modular boiler houses operating on alternative fuels in the Kyiv region—with total investments exceeding 60 million UAH. This type of heat generation significantly reduces dependence on traditional natural gas and creates a flexible, energy-efficient infrastructure capable of operating even during disruptions to the central heating supply.
In addition, the group operates two leased boiler plants that supply heat to children’s institutions in the Kyiv region.
The successful implementation of these projects demonstrates that the Corporation’s expertise will be in high demand among many communities in Ukraine, especially those that have suffered destruction as a result of the war.
The Corporation plans to expand its investment portfolio in the field of heat and power generation to 120 million UAH.
DMS specialists are also ready to participate in the restoration of heating and hot water supply systems—we are open to cooperation with communities and local governments interested in high-quality services and modern utility infrastructure in general.
“TEPLOENERGO-ES” performs a full range of services, including:
● conducting energy audits, analyzing the data collected, and selecting solutions aimed at reducing the cost of heat supply
● investing its own resources and carrying out a full range of work, from design to construction of heat-generating facilities
● operating boiler plants and selling thermal energy at competitive prices.
We place special emphasis on implementing energy service contracts (ESCOs), which allow customers to obtain a modernized heat supply system without any initial capital investment. This modern tool has proven its effectiveness and is attractive to all participating parties. Payment to the energy service company is made exclusively from the energy savings achieved, making the proposed model transparent, safe for the customer, and financially viable.
Currently, the Corporation’s specialists are planning work to optimize the heating systems of enterprises and institutions under the Ministry of Defense of Ukraine, the National Guard of Ukraine, and Ukrzaliznytsia, as well as in local communities where local governments are interested in energy efficiency, a stable heat supply, and a balanced tariff policy.
We are confident that investing in our country’s energy sustainability is not only a duty but also a forward-thinking business decision that will yield substantial returns for investors and society.
Rail Freight and Private Locomotive Operations
One of DMS Corporation’s strategic business areas is rail freight transportation.
This sector has been severely impacted by Russia’s invasion and the full-scale war in Ukraine. Since the beginning of 2022, nearly 10,000 km of railroad tracks have been damaged, destroyed, or lost (by the end of 2025, over 3,600 km of tracks had been partially or fully restored). At the same time, due to the loss of access to Black Sea ports, all strategic exports have been routed through rail crossings in the west of the country (to Poland, Hungary, and Romania), which lack the infrastructure necessary to handle such volumes.
Despite the existing challenges, rail freight transportation is critical to the country’s economic stability and military supply chain during wartime.
That is why the Corporation, with its many years of experience in the field of rail logistics, remains active in this segment and develops and implements both its own and partner-led development projects.
Long before the full-scale invasion, DMS Corporation became one of the first companies in Ukraine to begin systematic work in the field of railway traction.
Since 2004, we have been engaged in the repair of rolling stock. We gained our initial experience at a production facility in the Luhansk region (the city of Rubizhne), where we performed repairs for one of Europe’s largest chemical plants, “Severodonetsk Azot,” as well as for the Horlivka “Azot” plant, which was part of the “Styrol” concern. With the outbreak of the war in 2014, we lost our physical facilities, but our specialists and expertise remained.
The move to Kyiv not only helped retain our repair specialists but also enabled us to expand our business—the Corporation began building its own fleet of locomotives and railcars. At the same time, we established repair capabilities.
In 2017, the “Ukrainian Freight Locomotive Company” (UFLC) was established as part of the Corporation, and within just a few years it became a recognized brand in the rail transportation market.
In 2018, the practical implementation of a new model of rail transportation began, in which a key role was played not only by infrastructure but also by the ability to independently provide a full cycle of transportation services.
Thanks to its own fleet of ChMEZ, TGM6, and TEM2 series shunting locomotives—and later, 2TE10U mainline locomotives—the company was able to provide comprehensive freight transportation services in the Donetsk, Odesa, and Mykolaiv regions. The company performed both shunting operations and mainline haulage, which allowed it to serve the interests of a wide range of clients—from agribusinesses to industrial enterprises, including seaports, transshipment hubs, mining and processing plants, metallurgical complexes, and factories.
In just a few years, the DMS Corporation—specifically the “UVLK” group of companies—has achieved significant results in the industry:
• Established its own repair and maintenance facility, enabling it to keep equipment in perfect condition
• Successful contracts have been executed for full-cycle transportation services, including locomotive supply, switching operations, warehouse services, and logistics support
• DMS was among the first to participate in establishing a new practice of private locomotive fleet management, which became an important step toward market liberalization
• We have built a track record of successfully managing and transporting various categories of cargo—from grain to metal products
• We have established strong business relationships with JSC “Ukrzaliznytsia” and other market participants and operators.
Due to the Russian invasion and occupation of parts of Ukrainian territory, the “UVLK” group of companies lost a significant portion of its diesel locomotives and railcars. Some of the infrastructure facilities it had developed also ended up in the temporarily occupied zone.
With the start of the full-scale invasion, Ukraine’s railway system faced major challenges. In a number of regions, railway operations have been disrupted or suspended. Logistics chains have been disrupted, and infrastructure capacity has been reduced. Many routes that were previously of secondary importance have now become key, leading to an uneven distribution of traffic. Transshipment points, border crossings, and international rail services are operating with significant difficulties. There are no quick solutions to the industry’s complex set of problems, even after the hostilities end. It will take Ukraine more than a year for rail transportation to become stable, efficient, and safe again.
Despite this, DMS Corporation forecasts a return to pre-war transport volumes and continues to invest in its own locomotive fleet, service infrastructure, and logistics solutions. We view today’s conditions as a preparatory stage for the country’s future large-scale recovery and remain committed to our mission—to build a reliable, efficient, and modern model of private rail transportation.
Manufacturing of Equipment for Gas Transmission Systems
The manufacturing of equipment for gas transmission systems is one of the key areas of development for the DMS Corporation, to which particular importance is attached during wartime.
By 2022, the Corporation had invested in the creation of a high-tech production base capable of manufacturing a wide range of equipment with a high level of process automation—for main and distribution gas pipelines and gas distribution stations (GDS). To effectively address this task, the ASUP Research and Production Complex was established.
The company specializes in developing and implementing comprehensive solutions for oil and gas enterprises that meet the requirements of Ukraine’s new energy landscape. Specifically, these include:
● automated process control systems
● intelligent pressure and temperature control modules
● automated pumping and valve stations
● integration systems with control centers, as well as with adjacent facilities
● technical equipment for video surveillance, alarm systems, fire alarms, process communications, and security, etc.
The company’s possession of the necessary licenses and permits to conduct work in hazardous areas and construct industrial facilities of any complexity, along with its in-house development of equipment, technical specifications, controllers, software, and process diagrams, makes NPK ASUP a reliable partner in implementing strategic modernization projects for the gas transmission system.
The war has significantly altered logistics and approaches to security and, at the same time, accelerated the need to reconstruct and automate critical infrastructure facilities.
DMS Corporation sees significant potential in the development of equipment for the gas transmission system and strives to remain a reliable partner in ensuring the energy security of Ukraine and Europe—specifically by increasing the level of automation, reconstructing key components, and implementing and modernizing automatic control systems (ACS), among other measures.
As of January 1, 2025, the Ukrainian gas transmission system ceased the transit of Russian gas through Ukrainian territory, marking a new phase in the history of the global energy market and posing a significant challenge for the domestic gas transmission system. Our plans as an equipment manufacturer have also been adjusted: we are now focused on automation technologies for gas transmission system facilities used in domestic production, which can be equipped with our products.
DMS Corporation is already working hard and striving—in cooperation with Ukrainian and European partners—to increase its contribution to Ukraine’s energy independence. This is one of the fundamental security principles for our country now and in the post-war period, and adherence to it directly depends on the implementation of modern technical and technological solutions, in which we specialize.
Ukraine’s Post-War Recovery
Without a doubt, the most ambitious project for every Ukrainian business will be participating in our country’s post-war recovery. This large-scale and extremely complex process will require not only colossal financial resources but, above all, intellectual, technical, and technological resources. Knowledge and experience. Proven solutions and reputation.
It is precisely these resources that are the most valuable assets DMS Corporation currently possesses.
During the war, we lost a significant number of assets and physical facilities. But we gained valuable experience in entering new segments and areas where we see significant long-term potential.
We currently identify two of the most promising areas in the context of future reconstruction.
According to our forecasts, road transport will remain a key segment of the logistics sector due to its mobility, flexibility, and ability to reach any destination, while rail and maritime transport will develop depending on the geopolitical and security situation, as well as the feasibility and speed of restoring rail lines and related infrastructure.
The prospects for freight transportation in Ukraine depend on infrastructure development, route diversification (particularly to Central Asian countries and China via Turkey), technological innovations, and the modernization of the vehicle fleet.
We believe that further active development is possible through the implementation of digital logistics solutions, specifically the digitization of logistics processes, the use of modern platforms for freight management, and route optimization.
It is precisely these solutions that will ensure increased efficiency and reduced costs in transportation across all modes of transport.
It is precisely in these solutions that the companies of the “OMEGA” Group are investing their own funds and considering partnership projects in these areas.
Our experience in the field of construction and reconstruction, accumulated by the companies of the “BAZIS” Group, will form the basis for future contracts involving the restoration of territories.
The Group’s specialists possess the expertise and proven solutions for military and civilian facilities, housing, and social, industrial, and transportation infrastructure. The Corporation has established strong ties with communities and representative bodies across nearly the entire territory of Ukraine.
Our advantage lies in our efficient and transparent operations, conducted in accordance with all necessary licenses and permits, built in compliance with international quality and safety standards (with corresponding certifications), and confirmed by our status as a company critical to the Defense Forces.
The specialists at the “BAZIS” Group perform the full range of work—from the development of project documentation to the actual construction/reconstruction and design supervision.
We are open to collaboration on international, national, sector-specific, and local restoration and reconstruction projects: post-war Ukraine must become a modern and livable country. We have everything necessary and are ready to contribute to achieving this goal.