KIEV, Aug. 15 – The Coal Ministry plans to attract investors to complete the building of the Krasnolimanska-Hlyboka mine in Donetsk-region.

According to an investment project posted on the official Web site of the ministry, the investment sum needed to launch the mine is UAH1.61 billion. The mine will be built in four years and the launch of the first face is scheduled for 2008-2009.

KIEV, Aug. 15 - Ukraine’s oil supply monopoly, UkrTransNafta, created a new subsidiary to manage operations of the Odessa-Brody oil pipeline capable of moving Caspian Sea oil shipments to Europe, a company official said Wednesday.

KHARKIV, Aug. 14 - Ukrainian Growth Fund-III, an international direct investment fund managing $60 million in assets in Ukraine, sold 91.2% of shares of Melitopol Tractor Plant after helping to turn the company around and to make profits.

KIEV, Aug. 15 - Ukraine's authorities permitted Metinvest Holding, the country??™s biggest mining and steel company, to acquire majority stake in Skif Shipping, one of the biggest forwarding agents at the Mariupol commercial seaport.

KIEV, Aug. 15 - Privatbank, Ukraine??™s largest bank by assets, has sold its smaller banking unit, Privatinvest, to an undisclosed entity, PrivatBnak CEO Oleksandr Dubilet reported without disclosing any details of the deal.

KIEV, Aug. 14 - The National Bank of Ukraine allowed France's Credit Agricole to acquire an 98% stake in Index Bank, NBU First Deputy Governor Anatoliy Shapovalov told journalists on Monday.

KIEV, Aug. 15 - Rinat Akhmetov, Ukraine??™s wealthiest businessman and de-facto leader of the ruling Regions Party, said he would seek to return the country??™s largest steel mill into his ownership by appealing to European courts.

KIEV, Aug. 15 - Antonov An-148, a new passenger jet that Ukraine seeks to promote worldwide, successfully completed a number of important flight tests in harsh weather conditions in Central Asia, the manufacturer said Monday.

KIEV, Aug. 15 - Ukraine's national phone company, UkrTelecom, plans to spend up to $300 million to build a cell phone network within the next three years to expand in the lucrative business, a company official said.

KIEV, Aug. 15 - Ukraine's largest natural gas producer, UkrGazVydobuvannia (UGV), plans to double capacity of its oil refinery Shebelinka GPP next year to 2 million tons per year, UGV general manager Ilya Rybchich said Friday.