KIEV, July 30 – France's AXA Insurance Company and Kharkiv-based UkrSibbank, the daughter bank of BNP Paribas, which jointly control Kiev-based Ukrainian Insurance Alliance, have reached agreement on the acquisition of a 99% stake in Kiev-based Vesko, the sixth-largest property and casualty insurance company in Ukraine.

KIEV, July 30 – Kremenchuk-based UkrTatNafta, Ukraine's major oil refiner, has concluded a contract with a new oil supplier - Tekhnoprogres Ltd., UkrTatNafta Chairman Serhiy Hlushko told Interfax-Ukraine.

KIEV, July 30 – Under an appeal of the State Property Fund, the Kiev Economic Court has cancelled a 2003 privatization agreement to sell a 90.25% stake in Mykolayiv-based Black Sea Shipyard due to the non-fulfillment of its conditions.

KIEV, July 27 ??“ Political uncertainty is impeding the appearance of investment companies on Ukraine's real state market, Managing Director of the First Ukrainian Development (FUD) Yefim Borodulin told Interfax-Ukraine.

KIEV, July 27 ??“ The suspension of Turkmen gas supplies to Russia in connection with repairs to the Central Asia ??“ Center gas pipeline had no impact on the supply of natural gas to Ukraine, an official said.

KIEV, July 27 - Foreign investment in the Ukrainian banking sector amounted to a tentative $430 million in the first half of 2006, Valeriy Lytvytsky, head of an advisor group for the head of the National Bank of Ukraine, said.

KIEV, July 27 - Ukraine posted current account deficit of $900 million (2.1% of GDP) in the first half of 2006, compared with a surplus of $2.2 billion (6.4% of GDP) in the same period of 2005, the National Bank of Ukraine reported.

KIEV, July 28 ??“ Most Ukrainian enterprises expect the hryvnia exchange rate to the U.S. dollar to remain stable, according to a posting on the official Web site of the National Bank of Ukraine (NBU).

DNIPROPETROVSK, July 28 - Czech financial holding PPF Group is acquiring through its Home Credit Group Kiev-based Privat Credit, a provider of consumer loans under the trademark Prosto Credit.

KYIV, May 29 – The war in Ukraine and its economic consequences have caused significant damage to the production and income of small farmers, which exceeded $3.85 billion, according to a report by the Food and Agriculture Organization of the United Nations (FAO).