KIEV, Feb. 15 - Moody's Investors Service has confirmed the Caa2 deposit and B3.ua National Scale Ratings of Rodovid Bank.

"This confirmation concludes the review of these ratings, which were under review with direction uncertain.

KIEV, Feb. 16 – The reform of the country's banking system is the first priority for Ukraine, Natalia Izosimova, director of Rinat Akhmetov's Foundation for Effective Governance said in an article published in the Dzerkalo Tyzhnia newspaper.

KIEV, Feb. 16 - Housing commissioning in Ukraine in 2009 shrank by 39%, to 6.4 million square meters, according to the State Statistics Committee.

According to the committee, the individual developers' share of housing commissioning was 35.7%, while in 2008 it was 55.6%. Housing commissioning by individual developers fell by 2.5 times compared to 2008.

KIEV, Feb. 13 - Ukraine's Chornomornaftogaz and China National Offshore Oil Corporation (CNOOC) have signed a memorandum that allows the Chinese side to take part in a project to build a gas pipeline toward the Odessa gas deposit off the Black Sea's coast, Anatoly Prysiazhniuk, chairman of the Ukrainian company's executive board, told a news conference in Simferopol on Friday.

MOSCOW, Feb. 13 - Moody's Investors Service has downgraded the bank financial strength rating of Bank Nadra to E from E+, its long-term local currency and foreign currency bank deposit ratings and foreign currency debt rating to Caa2 from B2 and its National Scale Rating (NSR) to B3.ua from A3.ua.

The bank's long-term deposit ratings have been placed on review for further downgrade.

KIEV, Feb. 16 – The provisional administration of the National Bank of Ukraine at Kiev-based Nadra Bank has started reviewing the assets and commitments of the bank and drawing up a plan for its financial readjustment.

KIEV, Feb. 16 - Eurocar, a Ukrainian manufacturer of Volkswagen Group cars, plans to increase its capital 25.7% to 88.1 million hryvnias through an issue of new shares, the company said Thursday.

KIEV, Feb. 16 ??“ The international consortium Sea Launch, which conducts commercial launches of satellites from a sea platform in the Pacific Ocean with the help of a Zenit-3SL rocket carrier, is now preparing for the launch of the American XM-3 commercial digital radio broadcast satellite.

Kiev, Feb. 16 - Ukraine's foreign direct investment rose a preliminary 23% in 2004, up to $8.4 billion, or $177 per capita, the State Statistics Committee reported.

KIEV, Feb. 16 ??“ KievEnergo, Ukraine's largest utility, was forced to shut down a power generation unit Wednesday, the second one over the past 24 hours, due to a bitter dispute with natural gas supplier.