KIEV, Feb. 2 – The risks of investing in Ukraine have considerably grown due to the actions of authorities in the taxation area and worsening corruption, according to Natalia Korolevska, head of the parliamentary committee for industrial and regulatory policy and entrepreneurship.

KIEV, Feb. 2 - The government will seek to postpone indefinitely a 50% hike in prices of natural gas supplied households, Deputy Prime Minister Andriy Kliuyev said Wednesday.

KIEV, Feb. 1 – Ukraine is working on new orders on supply Antonov aircraft to the markets of the Asian and Pacific region, Africa, and the Middle East, the Industry Ministry reported, citing data announced at a meeting at the ministry.

KIEV, Feb. 2 – Ukrtatnafta (Kremenchuk oil refinery, Poltava region) is planning by 2013 to complete the first stage of a modernization program to produce the Euro-4 and Euro-5 standard fuel, Serhiy Kosheliuk, the deputy board chairman for production and capital construction at Ukrtatnafta, told reporters.

KIEV, Feb. 2 – Zaporizhia titanium and magnesium combine (ZTMC), which is under the control of the Industry Ministry, expects that demand for sponge titanium will grow in 2010.

KIEV, Feb. 2 – Indonesia is interested in establishing direct commercial relations between AvtoKrAZ Holding Company (Kremenchuk, Poltava region) and Indonesian companies to jointly promote KrAZ vehicles on the Indonesian market and create KrAZ vehicle production facilities in the country.

KIEV, Feb. 2 – Kiev’s EuroGas Ukraine Ltd. has bought three additional licenses for methane extraction in eastern coal mines in Ukraine, increasing the total number of coalmines to five, reports EuroGas, Inc. (the United States).

KIEV, Feb. 2 – The amount of premiums collected on the insurance market in 2009 will grow by 5-9%, whereas in 2008 it grew by 40%, according to rough estimates, said President and Chairperson of Kiev-based Providna insurance company Iryna Sirenko.

KIEV, Feb. 2 – Due to the lack of a positive global steel market, Ukrainian metal companies have to compensate for gas price hikes using their own resources, according to Ihor Syry, the director general of Metinvest, Ukraine's biggest mining holding.

KIEV, Feb. 2 – Mineral fertilizer companies are in for a difficult time due to the higher price of natural gas for industrial consumers set by the National Electricity Regulatory Commission on Jan. 29 and the cancellation of export duties on mineral fertilizers by Russia.