KIEV, Oct. 22 – Direct losses from the sale of natural gas to municipally owned heat suppliers and industrial enterprises will amount to UAH 17 billion in 2010 because the prices charged for the gas are not economically justified Deputy Naftogaz Ukrainy Vadym Chuprun said during a meeting at Ukraine's Fuel and Energy Ministry on the 2010/2011 autumn-winter heating season.

IVANO-FRANKIVSK, Oct. 22 – Austria’s Holzindustrie Schweighofer GMBH plans to construct a wood processing complex worth EUR 100 million in the Ivano-Frankivsk region town of Kolomyia in 2011.

KIEV, Oct. 22 – The net inflow of foreign direct investment in Ukraine January through September 2010 is estimated at $3.6 billion, which was 8% up on the same period last year, the National Bank of Ukraine said in a posting on its official Web site.

KIEV, Oct. 25 – Construction of the Darnytsia railway station in Kiev will be resumed in 2011, the Ukrainian Transport and Communications Ministry said.

KIEV, Oct. 25 – The Ukrainian cabinet could prolong grain export quotas if domestic prices grow, according to Leonid Kozachenko, the president of the Ukrainian Agrarian Confederation.

KIEV, Oct. 23 – Parliament on Thursday approved a law on amendments to the bill on the national budget for 2009, increasing the deficit by 1.3%, or UAH 401 million, to UAH 31.579 billion.

A total of 235 out of 441 MPs registered in the session hall backed the law.

KIEV, Oct. 23 – The deficit of Ukraine's balance of payment in January-September reached $12.196 billion, while year-over-year a surplus of $6.255 billion was seen, according to a report by the National Bank of Ukraine.

KIEV, Oct. 22 – The European Bank for Reconstruction and Development is considering the establishment of a EUR 50 million Ukraine Renewable Energy Direct Lending Facility (UREDLF), which would provide the Bank with an instrument to extend debt financing for renewable energy projects in Ukraine.

KIEV, Oct. 22 – Information gathered by scientific and technological intelligence units and intelligence from secret agents could serve as a basis for raising the Ukrainian economy to a European level, according to Mykola Malomuzh, chief of the Foreign Intelligence Service.

KIEV, Oct. 22 – Kyivstar GSM believes that a presidential decree blocking a cabinet resolution on the conversion of radio frequency bands for the introduction of 3G mobile communications will adversely affect the development of the telecoms industry and the economy in the country in general.