KIEV, Sept. 28 – Ukrzaliznytsia is testing a TE33À freight diesel locomotive made by General Electric Corporation.

"The General Electric's locomotive is being tested in Ukraine. The tests will last for four months. All its capabilities will be tested," Ukrainian Infrastructure Minister Volodymyr Omelyan said at the presentation of the locomotive in Kiev on Wednesday.

KIEV, Sept. 29 – Standard & Poor's Ratings Services has raised its long-term counterparty credit rating on Ukraine-based PrivatBank JSC to 'CC' from 'SD' and its short-term counterparty credit rating to 'C' from 'SD'.

KIEV, Sept. 26 – The Independent Association of Banks of Ukraine (IABU) has asked the National Bank of Ukraine to introduce currency interventions to support the cash desks of banks and currency exchange offices with cash foreign currency to sell to the public.

KREMENCHUK, Sept. 29 - Kremenchuk Steel Plant (Poltava region) is being prepared for the mothballing of production equipment.

KIEV, Sept. 27 – U.S. Cisco Systems announced that it and Bionic Hill innovation park have signed a memorandum of cooperation.

KIEV, Sept. 26 – The International Finance Corporation announced that on October 28 it will discuss the provision of $100 million in financing to Galnaftogaz (Lviv).

KIEV, Sept. 27 – The signing of Ukraine Association Agreement with the European Union will damage Ukraine's relations with its largest trading partner - Russia, eventually weakening its banks' capitalization, asset quality and liquidity, according to Moody's Investors Service.

KIEV, Sept. 26 - Value added tax worth a total of UAH 12 billion could be refunded with promissory notes in 2013, according to the Tax and Income Ministry.

KIEV, Sept. 26 – Prices of bread in Ukraine will be stable, despite a trend for a fall in the price of wheat flour, of Ukrkhlibprom Association Director General Oleksandr Vasylchenko said.

KIEV, Sept. 26 – The agreement between the government of Ukraine and the consortium consisting of ExxonMobil, Shell, Petrom (Romania, a subsidiary of Austria's OMV), signed on September 25 as part of negotiations on the development of Skifske deposit of the Black Sea shelf, is purely declarative, a source in the government told Interfax-Ukraine.