KIEV, Feb. 21 - The share of foreign capital in the Ukrainian banking sector fell from 35% in December 2007 to 34.4% in January 2008, according to the National Bank of Ukraine.

KIEV, Feb. 21 - Russia's EuroChem Mineral Chemical Company, one of the world's top-10 fertilizer producers, has invested $10 million in the purchase and development of trade company Agrocenter EuroChem-Ukraine, the company announced.

KIEV, Feb. 21 – The Ukrainian government may be able to cut VAT from 20% to at least 17% this year, according to Petro Poroshenko, head of the council of the National Bank of Ukraine.

KIEV, Feb. 22 – The liquidation of the Ukratomprom state concern will start after the cabinet approves a resolution on the creation of a new concern, Nuclear Fuel of Ukraine, said Natalia Shumkova, nuclear energy and industry head of the Fuel and Energy Ministry.

KIEV, Feb. 22 – A fall in the funds on the correspondent accounts of Ukrainian banks has led to a rise in the rates on the interbank credit market, say bankers polled by Interfax-Ukraine.

KIEV, Feb. 23 ??“ In 2004, ChornomorNaftoGaz (Crimea) boosted net profit by 37% to UAH45.046 million, the company reported Wednesday, according to Interfax-Ukraine.

KIEV, Feb. 24 ??“ UkrNafta, Ukraine's biggest oil extraction company, made UAH1.35 billion of net profit in 2004, 51.4% more than in 2003, the company's press service reported Wednesday, according to Interfax-Ukraine.

KIEV, Feb. 24 ??“ Zaporizhia Auto Works (ZAZ), Ukraine's biggest car producer, is going to invest UAH868.7 million in development of production this year, 115% more than in 2004.

KIEV, Feb. 23 ??“ Ukraine on Wednesday imposed a 20% value-added tax (VAT) on imports of crude oil effective March 1, Prime Minister Yulia Tymoshenko said after a government meeting.

KYIV, Jan 23 – The owner of the EVA and VARUS retail chain, Ruslan Shostak, attributes the deterioration in the mood of Ukrainian business in recent months largely to a psychological factor, considering it temporary and confirming the previously announced large-scale investment plans.