KIEV, Oct. 28 – State-run joint-stock company Chornomornaftogaz and China Precision Machinery Import-Export Corporation (CPMIEC) are interested in building at the latter's facilities a self-elevating offshore drilling rig for the Azov and Black Seas.

KIEV, Oct. 28 – Moody's Investors Service on Oct. 28 withdrew the Caa1 corporate family rating of OJSC Zaporizhstal.

The last rating action was taken on Oct. 20, 2008 when Moody's downgraded the B3 corporate family rating of OJSC Zaporizhstal to Caa1, reflecting Moody's expectation that its weak financial performance will not materially improve over the intermediate term, in particular as the market environment has become more challenging for the steel industry since the end of 2008. The outlook for the rating was left unchanged at stable.

KIEV, Oct. 29 – Ukrainian industry in early 2010 will face a jump in the price of imported gas, and metals and chemical companies will suffer most of all, as they are not ready to for the effect this will have on production profitability, according to experts polled by Interfax-Ukraine.

KIEV, Oct. 29 – The Ukrainian cabinet has created a working group of representatives of the Justice and Economy Ministries, the State Property Fund and the Interior Ministry to prevent the alienation of the property of Kryvy Rih oxidized ore mill, also known as KGOKOR, Justice Minister Mykola Onishcuk told the press on Wednesday.

KIEV, Oct. 27 – The World Bank is revising its program of cooperation with Ukraine and welcomes the agreements reached by the country with the International Monetary Fund, the World Bank said in a statement.

KIEV, Oct. 28 - Standard & Poor's Ratings Services has lowered its long-term ratings on six Ukrainian local and regional governments and affirmed those on a seventh following the sovereign downgrade.

DNIPROPETROVSK, Oct. 28 - Nikopol Ferroalloy Plant (NZF), Ukraine's biggest producer of silicon manganese and ferromanganese, might shut down operations on Nov. 1 due to a lack of demand amid the global financial crisis, an aide to NZF's general director, Volodymyr Tsybenko told Interfax, citing statements general director Volodymyr Kutsyn made in an interview with a local television channel.

KIEV, Oct. 29 – The forecast sharp 40% decline of foreign demand for Ukrainian products in 2009 might provoke the same sharp decline of rates of industrial production growth to almost zero, First Deputy head of Presidential Secretariat Oleksandr Shlapak said in Parliament while presenting the president's draft anti-crisis law.

KIEV, Oct. 26 - Sales of mobile phones in kind dropped 16% in January – September in Ukraine, to 5.75 million phones, AVentures Group reported.

In the monetary terms, the market fell by 4%, to $1.007 billion.

KIEV, Oct. 26 - Ukraine cut the energy intensity of its GDP by 1.3% year-on-year, to 0.8 kilograms of conventional fuel per dollar, in January through September 2007.