IVANO-FRANKIVSK, March 3 – Investors in the Bukovel ski resort (Polianytsia, Yaremche district, Ivano-Frankivsk region) are ready to spend around $1 billion on the development of skiing infrastructure if Ukraine wins the right to host the 2022 Winter Olympics.

KIEV, March 3 – Russian Aluminum is ready to restore work at full capacity at the Zaporizhia-based Aluminum Mill (ZAlK) and modernize its production facilities, provided a contract for the supply of electricity at an economically justified price is concluded for at least 10 years.

KIEV, March 3 – The hryvnia exchange rate in 2009 is expected at UAH 7.50-9 per $1, Volodymyr Lavrenchuk, chairman of Raiffeisen Bank Aval, forecasts.

KIEV, March 4 - Japan's Sumitomo Corporation is interested in participating in the construction of subways in Donetsk and Dnipropetrovsk, Ukraine's transport ministry said.

According to a report by the ministry, the issue was discussed at a meeting of the senior manager of the Ukrainian representative office of Sumitomo, Shiro Nishioka, the manager of the transport project group in Russia Onoe and the manager of the transport project and equipment department in Japan Koji Aso with Ukrainian transport and Communications Minister Yosyp Vinsky.

KIEV, March 5 – The provisional administration at Kiev-based Nadra Bank has proposed that depositors whose deposits have expired accept in place the bank's collateralized property.

"The bank proposes to clients whose deposits have expired, and who want to access their funds now, to replace their deposits with the bank's collateralized property: apartments, land plots, cars, the owners of which have asked the bank for help to sell them due to their inability to repay credits.

KIEV, March 4 – The Antimonopoly Committee has fined two large sunflower oil market players – Suntrade and Kernel-Trade Ltd. – UAH60 million for what it says is the groundless increase in the prices of sunflower oil in July and August 2007.

KIEV, March 4 – A UkrNafta shareholder meeting in April will take up a cabinet order for the company to supply fixed amounts of natural gas at a specified rate to Naftogaz Ukrayiny, a state holding.

KIEV, March 5 – The level of satisfaction of consumer demands in Ukraine is 72.4 points out 100, which is higher than the average figure in Europe.

KIEV, March 5 ??“ Motor Sich, the largest aircraft engine producer in the former Soviet Union, plans to sell 15% stake in 2007 through an IPO at the Frankfurt Stock Exchange, a company source said.

KIEV, March 5 ??“ The National Bank of Ukraine said its foreign exchange reserves rose 2.15% on the month to $22.8 billion as of the end of February, the NBU reported on its Website.