KIEV, Aug. 14 - Ukraine’s second-largest oil refinery, Linos, owned by Russian oil major TNK-BP, was forced to shut down its operation on Tuesday after an unexpected power outage hit the facility, the company reported.

KIEV, Aug. 11 - The European Union approved a 6% increase in Ukraine's quota to export steel this year, representing 60,480 tons of steel carried over from 2005, Interfax-Ukraine reported Monday.

KIEV, Aug. 11 ??“ Ernst&Young, an international accounting firm, was picked by Ukrainian gas distributor UkrGaz-Energo to conduct a financial audit by the end of the year, UkrGaz-Energo official reported.

KIEV, Aug. 14 ??“ Major oil companies on Monday agreed to restrict Ukraine??™s retail gasoline prices after the government had threatened to use regulations that could hurt them, Energy and Fuel Minister Yuriy Boyko said.

KIEV, Aug. 13 - A contract to supply five Antonov AN-140 regional aircraft to a private Libyan company was suspended after the company had run into financial difficulties, an official at the Ukrainian aircraft maker said Saturday.

KIEV, Aug. 11 -- Kiev-based Soyuz Contract Investment, a company with 100% foreign investment, has become a customer for the construction of a Kiev-based hotel which may get at least four or five stars and join the Hilton international hotel chain.

KIEV, Aug. 11 -- As of Aug. 1, over 20.5 million people, 44% of Ukraine's population, use mobile communication services. Since the beginning of the year, the number of subscribers has grown 1.5 times, and by 2.28 times against the same period last year, mobile operators say.

MOSCOW, Aug. 10 ??“ Nemiroff, one of Ukraine's biggest alcohol makers, is planning to increase vodka sales by over 50% in Russia in comparison with the past year, director general of the company's Russian office Oleksandr Hlus told a press conference in Moscow on Aug. 9.

KYIV, July 12 – The Ukrainian government on Friday approved the privatization terms of United Mining and Chemical Company (UMCC), which manages the Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and the Irshansk Mining and Processing Plant (Zhytomyr region), setting a starting price of UAH 3.899 billion.

KYIV, July 3 - The Epicenter chain of shopping centers plans to install solar power plants on the roofs of its shopping centers with a total area of up to 1 million square meters, which will provide up to 30% of the chain's energy needs, the company's press service reported.