KIEV, July 21 – Swiss-based Ukrenergy Holding AG, 52% of which belongs to state-run electricity exporter and importer Ukrinterenergo, has been authorized to acquire Zomar Spolka Akcyjna (Chelm), which supplies electricity in Poland and which has been a long-term importer of Ukrainian electricity.

KIEV, July 21– AeroSvit Ukrainian Airlines expects by the end of the year to sign an agreement on the supply of 10 regional aircraft, its director general, Aron Mayberg, told the press on July 18.

"This would be this year for sure," he said.

He said that the company selected aircraft made by Brazil's Embraer.

KIEV, July 21 – Investment in the main capital of companies that work in the communications sector in January to June was around UAH3 billion, which is 32% less year-over-year, according to a report of the State Communications Department of Ukraine on July 18.

KIEV, July 21 - Solomonove-based Eurocar, which assembles Volkswagen Group cars in Ukraine, - assembled 19,664 vehicles in January to June 2008, which is 47.8% or 6,360 cars more than in the same period last year, the company reported.

KIEV, July 22 – With the arrival of low-cost airlines on the Ukrainian market, the railways could loose around 46% of their passengers in the future, according to analysts of the Management Consulting Group consortium.

KIEV, July 22 – Ukraine should launch direct pumping at the Odessa-Brody oil pipeline as soon as possible to cut dependence on Russian oil supplies, according to Oleksandr Todyichuk, the coordinator of the fulfillment of a Ukraine-EU memo on cooperation in the energy sector and the president of Kiev-based Q-club international energy club.

KIEV, July 22 – More Ukrainian companies are forecasting a worsening in the economic situation in the country.

According to a poll of almost 1,300 companies conducted by the National Bank of Ukraine in Q2, the assessment of the prospects for the economy for the next 12 months fell by 27.4%, to minus 52.5% (the difference between positive and negative answers).

BRUSSELS, July 22 - EU foreign ministers have agreed that a new pact to be signed with Ukraine should be called an “association” agreement, officials said Tuesday.

The Ukrainian government has repeatedly said that it wants a membership perspective and the possibility of a visa-free dialogue written into the preamble for any new agreement.

KYIV, June 21 – Deputy Prime Minister for Reconstruction of Ukraine Oleksandr Kubrakov and President of the European Investment Bank (EIB) Werner Hoyer signed a Memorandum of Understanding on cooperation in projects for Ukraine's recovery, providing for the allocation of EUR 840 million in 2023.

KYIV, June 21 – The World Bank Group announced the provision of additional financial support to Ukraine worth $1.75 billion, consisting of a $500 million World Bank loan guaranteed by UK and a $1.25 billion grant from the United States, and a $15 million grant from Finland.