KIEV, Feb. 6 – Experts from the European Bank for Reconstruction and Development are to study projects for the construction of two tunnels in Kiev.

This was decided during a meeting between first deputy head of Kiev City state administration, Denis Bass, and Thomas Maier, the Business Group Director in charge of the infrastructure sector at the EBRD, in Kiev on Tuesday.

KIEV, Feb. 6 – The level of dollarization of the Ukrainian economy in 2007 fell to 22.7%, down from 26.97% in 2006, according to the National Bank of Ukraine.

LVIV, Feb. 6 ??“ The sale of a 25% stake in Finance & Credit bank, Ukraine??™ No. 10 bank by assets, to foreign investors may take place in late 2007 or early 2008, the bank's board chairman, Volodymyr Khlyvniuk, said.

MOSCOW, Feb. 7 ??“ Russia's Comstar-United TeleSystems says it may take part in the privatization of Ukrainian national communications operator OJSC Ukrtelecom, Comstar-UTS Director General Eric Franke said.

KIEV, Feb. 6 ??“ Cinema-Park chain of cinemas of Russia plans to invest $40 million into opening four multiplex cinemas in Ukraine.

KIEV, Feb. 7 - Industrial Union of Donbas (IUD) has begun importing coking coal from Canada and Poland, the head of coke industry association Ukrkoks, Anatoly Starovoit said.

KIEV, Feb. 7 - The Interpipe group, Ukraine's biggest manufacturer of pipe products and railroad wheels, will rename its subsidiaries by adding Interpipe name to all of them ahead of the planned IPO, the company said.

KIEV, Feb. 7 - Khartsyzsk Pipe Plant, Ukraine's biggest producer of large-diameter oil and gas pipes, intends to sustain last year's volume of exports to Russia in 2006, the plant said in a press release.

KIEV, Feb. 7 ??“ Sitronics of Russia, one of the largest household, electronic and computer equipment producers in Eastern Europe, is planning to occupy up to 5% of Ukrainian household equipment market in 2006, according to the press release of the company issued on Monday.

KIEV, Feb. 7 ??“ Today there are about 6,000 mines operating illegally in Ukraine. About 60,000 miners are working there producing about 5 million tons of high-quality coal, MP Mykhailo Volynets, member of the parliamentary committee for fuel and energy, said in an interview with the Business World program on UT-1 TV channel on Sunday.