KIEV, May 31 – The Ukrainian government in June will approve a procedure for the use of EUR 160 million obtained from the sale of Assigned Amount Units (AAUs, emission quotas) to Japan, First Deputy Chairman of State Agency for Ecological Investment in Ukraine, Ivan Varha, said in Kiev.

KIEV, May 31 - Thousands of Ukrainian mining and metallurgy industry workers on Tuesday joined a protest rally in Zaporizhia seeking to stop massive layoffs in the sector.

KIEV, May 31 – The Finance Ministry has drawn up a draft law on the taxation of luxury objects, including the introduction of an annual tax of UAH 20 per square meter, exceeding 300 square meters of living space for payment by owners of elite apartments, according to Finance Minister Fedir Yaroshenko.

KIEV, May 31 - ISTIL Group announced it is planning to invest $5 million in the upgrade of Monolit-Ukraine Ltd. coal company (Yuvileyne, Luhansk region), which would allow the company to achieve annual production of over 150,000 tons of enriched coal, reads a group press release.

KIEV, May 31 – Donetsk-based Industrial Union of Donbas Corporation (ISD) has intensified sales of Certified Emission Reductions (CERs) released from the upgrade of hazardous production facilities of its steelmaking subsidiaries under the Kyoto protecol.

KIEV, May 31 - Steel-maker OJSC Zaporizhstal has been sold to a group of Russian investors represented by Vnesheconombank.

ZAPORIZHIA, May 28 – The suspension of construction of new bridges over the Dnipro River is a catastrophe for Zaporizhia, according to Zaporizhia Mayor Yevhen Kartashov.

"A delay in the construction of bridges could lead to a transport collapse in Zaporizhia. If there were less politics with our bridges and more pragmatism, we would have finishing the construction.

LVIV, May 28 – The leadership of Lviv regional state administration and representatives of Germany's Allmineral, which recycles waste from coal companies and coal processors, have agreed on joint steps to carry out an investment project to recycle slag from coal companies.

KIEV, May 28 – Large bankruptcy cases and conflict on the Ukrainian insurance market will not be seen in 2009, as this is in nobody's interest, according to Oleh Sosnovsky, the director general of QBE Ukrainian insurance company.

KIEV, May 29 – Lawyers do not rule out appeals against Ukraine after the law banning the operation of gambling business comes into effect in the country.

"Appeals worth many millions against Ukraine would be submitted to national and international courts," said Dmytro Hryschenko, a representative of Hryschenko & Partners law firm.