KIEV, Dec. 17 – Vanco Prykerchenska Ltd. (the British Virgin Islands) estimates its losses from Ukraine unilaterally revoking a production sharing agreement on the Prykerchensky oil and gas deposit offshore in Black Sea at over $100 million.

KIEV, Dec. 17 – The Tax Code adopted by Parliament has some key problems, according to the World Bank.

"Some essential problems of the tax and administration policy remain… [and] the new tax privileges reduce the tax base for taxes on companies' profit and VAT," reads a World Bank statement.

KIEV, Dec. 17 - The Bogdan car corporation, one of the largest Ukrainian car producers, in January through November increased output of passenger cars produced at its plants in Lutsk, Cherkasy and Illichievsk by 30.4% year-on-year, to 48,679 cars, Bogdan spokesman Serhiy Krasulia told Interfax-Ukraine.

KIEV, Dec. 19 - The share of foreign capital in the Ukrainian banking sector fell from 33% in October to 31.5% in November, according the National Bank of Ukraine.

KIEV, Dec. 19 - Any large-scale targeting of inflation in Ukraine is only possible after the financial markets enter a higher level of development, according to Anatoliy Shapovalov, first deputy chief of the National Bank of Ukraine.

LONDON, Dec. 19 - Ihor Kolomoisky, a co-owner of the Ukrainian-based PrivatBank, has become a shareholder of Evraz Group, reducing Lanebrook Limited's share in the group to 73%, from 83%.

KIEV, Dec. 19 -Sintez-gaz Ukrainy state concern in 2008 plans to invest at least UAH120 million to launch energy-saving technologies, announced Yevhen Sukhin, the head of the National Agency of Ukraine for Efficient Use of Energy.

KIEV, Dec. 19 - Gaz Ukrayiny, starting Dec. 20, announced it will significantly restrict natural gas supplies to debtor heat supply companies that have paid for less than 80% of the gas they have consumed as of that date.

Gaz Ukrayiny said that the level of payments of 25 heat supply companies as of Dec. 17 is from 1% to 68%, and their total debt to the company is around UAH137 million.

KIEV, Dec. 19 - The European Bank for Reconstruction and Development and the International Finance Corporation will jointly lend $200 million to Ukraine’s No. 4 gasoline retailer, Galnaftogaz, to boost its gas filling station chain, the EBRD reported Wednesday.

KIEV, Dec. 19 – ChornomorNaftoGaz, Ukraine’s third-largest oil and gas company, reported Wednesday that recent test drilling had proved that its Subbotin offshore oil field contains at least 100 million metric tons of crude oil.