KIEV, June 4 ??“ Kiev??™s Voliacable will invest around $23 million of its own cash in the development of the network and new services in 2008, Voliacable President Serhiy Boiko said at a press conference devoted to the fifth anniversary of the company last week.

KIEV, June 4 ??“ Cyprus-based XXI Century Investments and France's Accor Group have agreed to open a Sofitel five-star hotel in Kiev - the first Sofitel hotel in Ukraine ??“ which is to be built by 2010.

KIEV, June 4 ??“ OAO Joint-Stock Commercial Savings Bank of the Russian Federation, also known as Sberbank, has signed an agreement to buy a 100% stake in Kiev-based NRB Bank, NRB Bank President Viacheslav Yutkin said.

KIEV, June 5 ??“ Inflation, while still ???relatively low,??? will rise this year in Ukraine while economic growth will slow, according to a senior International Monetary Fund official.

KIEV, June 5 - Marathon International Petroleum of the U.S. and Ukraine??™s national oil and gas company Naftogaz Ukrayiny on Tuesday signed an agreement to join forces in exploring for crude oil and natural gas in the eastern part of Ukraine.

KIEV, June 5 - A mass grave holding the remains of thousands of Jews killed by the Nazis has been found in southern Ukraine near the site of what was once a concentration camp, a Jewish community representative said Tuesday.

KIEV, June 5 ??“ Any increase in the price of building houses will be linked to an increase in the price of metal, an official at Kyivmiskbud Holding, Ukraine??™s biggest construction company, said Monday.

KIEV, June 5 - Jean Lemierre, the president of the European Bank for Reconstruction and Development, accepted a bet from Prime Minister Yuriy Yekhanurov over the forecast for Ukraine??™s economic growth in 2006.

KIEV, June 2 - The AvtoKrAZ Holding Company of Kremenchuk, Poltava region, Ukraine's only heavy truck producer, has opened a representative office in Hanoi, the enterprise reported on Wednesday, according to Interfax-Ukraine.

KIEV, June 2 ??“ The State Property Fund is challenging the results of the privatization of 194 facilities whose list together with SPF claims is posted on the SPF website (www.spfu.gov.ua), SPF Chairwoman Valentyna Semeniuk said.