BRUSSELS, May 7 – The European Commission will set up a new investment fund for European Union Neighbor States for the implementation of energy, transportation and environmental projects.

BRUSSELS, May 8 – Kiev will host the Business Forum of the European Bank for Reconstruction and Development at the 17th Annual Meeting of the EBRD's Board of Governors on May 18 and May 19.

KIEV, May 11 ??“ UkrNafta, Ukraine??™s largest oil producer, mulls acquisition of two oil refineries in order to cut costs while producing gasoline and sell it through its own gas pumps, a key shareholder said Thursday.

KIEV, May 11 ??“ The government on Thursday accepted resignation of Oleksiy Ivchenko, the head of Naftogaz Ukrayiny, the national oil and gas company, following weeks of persistent disputes over the company??™s spending plan this year.

KIEV, May 11 ??“ Nord Group, a major Ukrainian manufacturer of household appliances, is planning an IPO, Nord Group CEO Valentyn Landyk has said in an interview with the Business weekly newspaper.

KIEV, May 11 ??“ Cardif insurance company, part of France's BNP Paribas, is planning to enter the Ukrainian market, Dominique Menu, director of the BNP Paribas representation in Ukraine, said in an interview with Investgazeta weekly.

KIEV, May 11 ??“ The government on Thursday approved the financial plan for UkrZaliznytsia, the state-owned railroad company, forecasting net profits at 1.23 billion hryvnias in 2006, an official said.

KIEV, May 11 ??“ The fall in inflation in March through April means inflation in Ukraine will be under 10% in 2006, Valeriy Lytvytsky, the chief economist at the National Bank of Ukraine said.

KYIV, April 7 – Chairman of the board of ArcelorMittal Lakshmi Mittal and general director of the company Aditya Mittal addressed the employees of ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) with the words of support and announced their intention to resume production, while CEO of the Ukrainian enterprise Mauro Longobardo returned to the enterprise.

KYIV, April 11 - The Russian forces caused $650 million in direct damage to Ukraine’s largest nuclear power plant, Zaporizhia NPP, when they had shelled it during early days of invasion, Energoatom reported on Monday.