KIEV, May 23 - Regal Petroleum plc, an AIM-quoted oil and gas exploration and production group, is satisfied with testing results of the MEX-109 well located at its Mekhediviska-Golotvshinska (MEX-GOL) gas and condensate field in Poltava region, Ukraine.

KIEV, May 23 - PrivatBank has not yet been notified of a lawsuit lodged by eurobond holders with the London Court of International Arbitration (LCIA) against a forced swap of their securities for shares of an additional issue of the bank (the so-called bail-in procedure), PrivatBank Chairman Oleksandr Shlapak said.

KIEV, May 23 – The Ukrainian nation's coffers have saved UAH 24 billion, a little more than $900 million, since the launch of the ProZorro e-procurement system, Prime Minister Volodymyr Groysman said.

KIEV, May 20 – An explanation from the State Property Fund on the formation of the starting price of Odessa Port-Side Plant will attract higher bids, Managing Director for Eastern Europe and the Caucasus at the European Bank for Reconstruction and Development Francis Malige said.

KIEV, May 19 – State-run Kiev Armor Factory has presented its newest piece of military gear, equipped with an innovative computer system for directing fire at enemy troops, transport vehicles, terrestrial and low-flying aerial targets.

KIEV, May 20 – The State Reserve Agency seeks to consolidate 10 of its agricultural enterprises and organizations into one holding to be tentatively named Agroreserve. This would help to improve the operational management and boost revenues, State Reserve Agency head Vadym Mosiychuk said.

KIEV, May 20 – The National Bank of Ukraine has allowed Bolat Nazarbayev, whose first and last names are similar to those of Kazakh President Nursultan Nazarbayev's brother, to purchase 50% of Eurobank (Kiev), according to the regulator's website.

KIEV, May 20 – Chinese Cofco has invested $75 million in the launch of a grain terminal in Mykolaiv region.

Interfax-Ukraine reported that the terminal was launched on May 19.

KIEV, May 20 – The National Bank of Ukraine has declared Fidobank insolvent.

The report states on May 12 the outflow of funds from the accounts of legal entities and funds of other banks started, while funds were not withdrawn to institutions related to the shareholders.

KIEV, May 20 – The European Union and the European Bank for Reconstruction and Development will provide up to EUR 28 million for business advice, information, training and other support to small and medium-sized enterprises (SMEs) in Ukraine as part of the EU4Business initiative.