KIEV, July 12 - Ukraine’s largest oil producer UkrNafta may go belly up in two to three years if the government continues to put pressure on the company over back taxes, UkrNafta Chairman Mark Rollins said.

KIEV, July 12 - The International Monetary Fund demands that the National Securities and Stock Market Commission's operational autonomy be legislatively sealed along with authority to investigate offences and access to inspections, and also insists that secrecy in banking be removed, Commission head Timur Khromaev said.

KIEV, July 12 – Prime Minister Volodymyr Hroysman considers it necessary to reshuffle members of the Council of Entrepreneurs under the Cabinet of Ministers, spokesman for the premier Dmytro Stoliarchuk wrote on his Twitter page.

KIEV, July 12 - Slovakia's Nafta, which has facilities able to store 2.74 billion cubic meters of natural gas and is developing gas fields near the border with Ukraine, has acquired 50% of the Uzhgorod gas field for EUR 1.5 million from U.S. Cub Energy Inc. with assets in Ukraine.

KIEV, July 13 – The owner and president of DCH Group Oleksandr Yaroslavsky who holds a controlling stake in Kharkiv Tractor Plant seeks to invest around UAH 200 million in the enterprise.

KIEV, July 13 – Parliament has increased scrap ferrous metal exports duty from EUR 10 per ton to EUR 30 per ton for one year and annulled the registration of imports contracts.

A total of 248 lawmakers approved the proposal of the president, who blocked the previous version of the bill on the three-year increase of the duty.

KHARKIV, July 10 - More than 300 companies from 18 countries have announced their plans to participate in the Agroport 2015 international forum which will be held in Kharkiv on October 15-17.

KIEV, July 10 - Yuzhny seaport (Odessa region) has assessed the total plan of capital investment for 2015-2019 under the investment program for medium-term outlook as being worth $500 million.

KIEV, July 13 - Fitch Ratings has downgraded CJSC PrivatBank and JSC State Savings Bank of Ukraine's (Oschadbank) Long-term foreign currency Issuer Default Ratings (IDRs) to 'C' - from 'CCC' and 'CC', respectively.

KIEV, July 13 - Unchanged since 2009, the banking system outlook is negative for Ukraine (Ca negative), reflecting extremely difficult operating conditions for banks, very likely asset-quality erosion, depletion of capital buffers and highly volatile funding conditions, says Moody's Investors Service.