ODESSA, Oct. 9 - The Russian Federation's claims against Ukrainian cheese producers are not without foundation, Prime Minister Mykola Azarov said in Odessa on Tuesday.

KIEV, Oct. 9 – The International Monetary Fund is keeping its forecast for Ukrainian GDP growth in 2012 at 3%, while the inflation forecast was upgraded to 6% (December on December) from 7.9% (according to the assessment in April 2012).

KIEV, Oct. 6 - The National Bank of Ukraine plans to independently organize gold production at the Northern State Geological Company Pivnichgeologiya.

KIEV, Oct. 6 – The National Bank of Ukraine is mulling the possibility of slackening requirements on foreign exchange operations on the cash market, according to Yuriy Kolobov, the NBU's first deputy head.

KIEV, Oct. 7 – The decision of the National Bank of Ukraine to introduce passport checks on individuals carrying out foreign currency exchange transactions at banks and financial institutions could lead to a fall in the number of deals on the housing market, according to Viacheslav Savchenko, head of the housing property department of the Ukrainian Trade Guild consulting company.

KIEV, Oct. 9 – Kiev-based Slav-Invest Group has won an international tender to manage a project on the construction of a Radisson SAS four-star hotel as a part of the Bukovel tourist complex in Ivano-Frankivsk region.

KIEV, Oct. 9 - Ukrainian lender Prominvestbank had its credit ratings cut three steps by Moody's Investors Service after the country's central bank seized control, Bloomberg reported Thursday.

ST. PETERSBURG, Oct. 7 - St. Petersburg development firm LSR Group has finalized its acquisition of a 97% stake in Obukhiv Porous Concrete Plant (OPCP), the largest aerated concrete producer in the country, LSR Group said in a statement.

KIEV, Oct. 7 - Moody's Investors Service has placed on review for possible downgrade Rodovid Bank's E+ bank financial strength rating (BFSR) and B3 long-term local and foreign currency deposit and debt ratings, the rating agency said in a statement.

KIEV, Oct. 7 - Ukraine increased electricity output 2.3% to 145.342 billion kilowatt hours in January-September compared to the same period of 2007, the Fuel and Energy Ministry told Interfax.