KIEV, Aug. 1 – The pace of economic growth of the country is high, first deputy head of the presidential secretariat Oleksandr Shlapak said on Tuesday.

"Ukraine remains one of the leading European states in terms of the pace of economic growth with an additional economic potential," he said, commenting on the results of activities of the government in the first half of the year.

KIEV, Aug. 1 – The Imerys Group of France, the world's largest mineral processing company, late in July 2007 increased its stake in the Vatutinsky refractory materials factory in Cherkasy region, to 86%, up from 26%.

KIEV, Aug. 1 – Ukrainian and U.S. aviation authorities discussed cooperation in flight safety between the two countries and the prospects of Ukraine's transition to the Federal Aviation Administration's safety Category 1 during the recent visit to Kiev of FAA official representative to Russia and the CIS Brian Staurseth.

KIEV, July 31 - Ukraine’s largest mining and steel group, Metinvest Holding, will create its own fleet of rail cargo cars to move steel amid fears that cars may be in short supply, an official said Tuesday.

KIEV, August 1 - Chumak, Ukraine??™s largest producer of ketchup, mayonnaise, sunflower oil and canned goods, bought back 15% of its shares from Norway's Orkla Foods, Chumak president Carl Sturen told Delo newspaper on Tuesday.

KIEV, Aug. 1 - Ukrainian grain market operators are alarmed at the quality of wheat from the new harvest, saying it was severely damaged by plant pests.

KIEV, August 1 ??“ Gas supply enterprises that did not pay Gaz Ukrayiny in July for gas consumed by industrial enterprises will not receive the volumes of natural gas they have requested in August.

DONETSK, August 31 ??“ The Ukrainian steel industry has greater prospects for development then its Russian counterpart, according to the director general of Azovstal steel mill, Dmytro Livshits.

KIEV, Aug. 1 ??“ KarpatNaftoKhim, Ukraine??™s major petrochemical company formerly known as Lukor, on Tuesday started shutting down its chlorine and caustic soda plant in Kalush, a company spokesman said.

KIEV, Aug. 1 ??“ The government plans to step up purchases of grain from farmers in order to prevent a major price slump that traditionally occurs during grain harvesting and inflicts financial losses on farmers.