KIEV, Dec. 19 – The potential capacity of a gas hub, based on underground gas storage facilities in Ukraine, to balance, store, redistribute and supply gas between Ukraine and the European Union could be some 20 billion cubic meters (bcm), Naftogaz Ukrayiny Chairman Andriy Kobolev said.

KIEV, Dec. 19 – DTEK energy holding, owned by Rinat Akhmetov, believes that the quickest way of ending the shortage of coal in the country is removing coal from the antiterrorist operation (ATO) zone, Head of the DTEK Anti-Crisis Center Dmytro Sakharuk said at a press conference in Kiev on Thursday.

KIEV, Dec. 19 – The European Bank for Reconstruction and Development will in 2015 increase the number of grants for small and medium-sized businesses in Ukraine, from 95 to 110, at the EBRD Manager for Small Business Support in Ukraine Ekaterina Rigg told reporters.

KIEV, Dec. 20 - Europe Virgin Fund L.P., launched by Dragon Capital investment company, is working on several projects in Ukraine and plans to expand its investment portfolio, a managing director for private equity at Dragon Capital, Kamil Goca, told Interfax-Ukraine.

KIEV, Dec. 20 – The net profit of Milk Alliance, one of the largest milk producers in Ukraine, in January-November 2011 fell by 53.2% year-over-year, Milk Alliance Board Chairman Serhiy Vovchenko, said.

He said revenues in 2011 are expected at the level of 2010 – at UAH 2.5 billion.

"The year was worse than we expected… However, as a whole, the holding still has profits," he said.

KIEV, Dec. 20 - Kernel Holding S.A., the holding company of the largest Ukrainian sunflower oil producer Kernel Group, has declared a dividend at nil for the financial year ended June 30, 2011, reads a company report on the Warsaw Stock Exchange (WSE) issued on Monday.

KIEV, Dec. 20 – The European Business Association expressed concern over the present draft law on the land market and asks to take into consideration proposals of leading companies of the Ukrainian agrarian sector and sector organizations when the draft were discussed.

MOSCOW, Dec. 20 – A joint Russian-Ukrainian production of the world's largest cargo plane, the An-124 Ruslan, will not be resumed any time soon, Russian daily Izvestia reported.

LONDON, Dec. 20 - Kazakhstan and Ukraine will step up borrowing abroad in 2011, said Andrei Solovyev, the global head of capital debt markets at VTB Capital, the investment banking arm of the VTB group.

KIEV, Dec. 20 – Oleksandr Yanukovych, the Ukrainian president's son, who has been holding a 90% stake in the Kiev-based Ukrainian Development Bank via the Donetsk-based Donsnabtara Ltd. until recently, intends to become the owner of a 100% stake in the bank.