KIEV, July 7 - EnergoAtom, the state-owned nuclear power generator, reflecting weaker demand for power due to economic crisis, cut output 13% on year to 41.98 billion kWh in January through June, the company reported Wednesday.

KIEV, July 6 – ALICO, a U.S. life insurer once part of American International Group, will spend tens of millions of US dollars on re-branding due to its separation from AIG, ALICO Chief Operating Officer Gordon Watson said.

KIEV, July 7 – Ihor Kolomoisky, a billionaire and a member of the board of Central European Media Enterprises Ltd. (CME), which had recently gained control over the 1+1 TV channel, praised the investment as “great opportunity.”

KIEV, July 7 – IMF Managing Director Dominique Strauss-Kahn is to be a key speaker at a first meeting of the fifth annual summit of the Yalta European Strategy (YES) devoted to the impact of the global economic crisis on Ukraine, the organizers of the conference said.

KIEV, July 4 -- Moody's Investors Service has upgraded the long-term global scale local currency deposit and senior unsecured debt ratings of Pravex-Bank to Ba2 from B2.

The rating agency also upgraded the bank's long-term national scale rating ("NSR") to Aa1.ua from A3.ua.

KIEV, July 7 – Ukraine has presented an anti-crisis plan to the UEFA leadership, according to which the winner of a tender to select the company to reconstruct the Olimpiysky National Sports Complex in Kiev by the middle of July, Vice Premier Ivan Vasiunyk has said.

KIEV, July 7 – Ukraine's Industry Ministry has signed a memorandum on the construction of a steel mill in Odessa region with Austria's Voest-Alpine.

KIEV, July 6 ??“ Parliament gave first-reading approval to a bill under which foreign bank branches set up and working in Ukraine will be considered part of Ukraine's banking system.

KIEV, July 7 ??“ In January-June, Ukrainian pipe enterprises increased production of ferrous metal pipes by a preliminary 20.1% over the same period last year to 1,118,700 tons.

KYIV, June 6 – Ukrnafta and JSC Ukrhydroenergo have announced that the EUR 300 million allocated by the European Bank for Reconstruction and Development (EBRD) to support Ukraine's energy sector will be used for their projects to restore generating capacities.