KIEV, March 31 – The present grain export quota system in Ukraine is inefficient and restricts the inflow of investment, according to Martin Raiser, World Bank's Country Director for Ukraine, Belarus and Moldova.

KIEV, April 1 – The reduction of the rate of profit tax from 25% to 23% from April 1, 2011 could lead to around UAH 1.5 billion being raised for the national budget, Vitaliy Zakharchenko, head of State Tax Administration of Ukraine (STAU) said at an online conference.

KIEV, April 1 – Odessa oil refinery, the owner of which is Russia's Lukoil, has left unconfirmed the volumes of oil to be refined at the refinery stipulated in a supplement to a memorandum signed by the Ukrainian government and owners of Ukrainian oil refineries.

KIEV, April 2 – Ukraine plans to sell up to 25% of national energy company Naftogaz Ukrayiny at a future IPO, Energy and Coal Industry Minister Yuriy Boyko said Friday.

KIEV, April 3 - Hyundai Motors Ukraine, the official distributor of Hyundai cars in Ukraine and part of Bogdan Corporation, increased its sale target for 2008 from 42,000 to 50,000, a company official said.

KIEV, April 2 – Transit shipments of natural gas across Ukraine to European countries from January through March 2008 grew by 29.5%, or by 7.9 billion cubic meters from the first quarter of 2007, to 34.7 billion cubic meters, Ukrtransgaz's press service reported on Wednesday.

KIEV, April 3 – Ukraine's Coal Ministry on Wednesday published a draft plan on the reform of the country's coal industry to collect proposals and remarks on the document, which is to be approved by the cabinet before coming into effect.

KIEV, April 2 - Arcelor Mittal Kryviy Rih, Ukraine's biggest steel producer, reduced roll production 2.8% year-on-year to 1.76 million metric tons in January-March, the Industrial Policy Ministry reported.

ZAPORIZHIA, April 2 – UkrAvto, Ukraine’s biggest producer of cars, forecasts that by 2012, up to 1 million new cars will be produced in the country.

"We'll approach 1 million new cars in Ukraine by 2012," UkrAvto deputy chairman, Oleh Papashev, said at a recent press conference in Zaporizhia.

KIEV, April 3 – Ukraine may start selling majority strakes in state-owned fossil burning power generators at auctions in October, according to decision approved by the government Wednesday.