KIEV, March 11 - Fitch Ratings has downgraded DTEK Energy B.V.'s (DTEK) Long-term Issuer Default Rating to 'RD' (Restricted Default) from 'C', as Fitch understands from management that the company is in the payment default under several bank loans due to uncured expiry of the grace period on some bank debt.

KIEV, March 11 - A number of business organizations have initiated holding the All-Ukrainian Business Forum with a view to developing measures to overcome the social and economic crisis and prepare a strategy for the further development of Ukraine.

KIEV, March 11 - Shebelynka gas refinery (Kharkiv region) plans to switch to production of Euro 4 gasoline in March, Head of public joint-stock company Ukrgazvydobuvannia head Oleh Prokhorenko said at a press conference in Kiev.

KIEV, March 12 - Naftogaz Ukrayiny has noted the critical importance of another increase in gas tariffs for the population in April as stipulated in Ukraine's memorandum with the International Monetary Fund.

KIEV, March 12 - Individual deposits in the national currency (excluding insolvent banks) in February increased by 0.3% (3% down year-on-year), to UAH 180.082 billion, while deposits in foreign currency decreased by 0.2% (0.3% up since the beginning of the year), to $8.637 billion (in U.S. dollars), according to the National Bank of Ukraine (NBU).

KIEV, March 13 – The list of enterprises the State Property Fund plans to put up for privatization in 2016 includes 21 enterprises from the agricultural sector.

KIEV, March 12 – Shell and Ukrgazvydobuvannia will terminate their production sharing agreement on the exploration and extraction of fossil fuel in Kharkiv region.

KIEV, March 12 – Ukraine's Supreme Court has ruled in favor of the demand made by the Prosecutor General's Office that a controlling 68.01% stake in OJSC Zaporizhia aluminum plant, or ZALK, be returned to state ownership.

KIEV, March 13 – Finance Minister Yuriy Kolobov's visit to Washington to negotiate the restructuring of Ukraine's debt to the International Monetary Fund will give other creditors the right to demand that Kiev repay other loans early, and will consequently lead to a technical default, according to Ihor Umansky, member of the political council of the Ukrainian Social Democratic Party and former finance minister.

KIEV, March 15 - Ukraine saw gas production rise by 74.4 million cubic meters or 2.3% in January-February 2012 year-on-year, to 3.373 billion cubic meters (bcm), with natural gas output rising by 2.4% or by 76.8 million cubic meters, to 3.239 bcm, the Energy and Coal Industry Ministry reported.