This paper describes implementation of methods and algorithms for the automatic speech recognition based on word composition proceeding from acoustic phoneme models. Such a design of the speech-to-text decoder is conventional and most productive for Western languages. The aim is to explore this approach applied to the Ukrainian language that is highly inflective with relatively free word order. We use data-driven methods to estimate parameters for both acoustic and linguistic components of the mathematical model. The grapheme-to-phoneme conversion procedure takes into account word stress issue and spontaneous continuous speech features. The basic speech-to-text system is able to operate a 100k vocabulary in real-time. The prospective of dictionary and domain extension, parameter estimation improvement and ergonomic issues are discussed. Index items: Speech recognition, spontaneous continuous speech, generative model, real-time.