KIEV, June 25 – Ukraine's State Tax Service and ArcelorMittal Kryviy Rih have signed a memorandum on participation in an experiment in the introduction of "horizontal monitoring" under which the company is to withdraw its claim against the tax authorities for UAH 900 million.

KIEV, June 25 – Ukraine's government has proposed to shorten the list of the companies that cannot be privatized, and tabled a corresponding bill (No. 8723) in Parliament.

KIEV, June 29 – Lawmakers have proposed to permit corporatization of Zaporizhia titanium and magnesium combine, Titan state-run joint-stock company (Armiansk, Crimea), Irshansk ore mining and processing enterprise (Zhytomyr region) and Vilnohirsk mining and smelting mill (Dnipropetrovsk region), although retain them on a list of companies that are not subject to privatization.

MOSCOW, June 29 - Ukraine's current efforts to incorporate European gas laws into its national legislation could bar it from integration with Russia, said Valery Yazev, State Duma deputy speaker and president of the Russian Gas Society.

KIEV, June 25 – Ukraine should let the hryvnia rise if low inflation continues, according to Valeriy Lytvytsky, the head of the group of advisors to the governor of the National Bank of Ukraine.

KIEV, June 25 – The United States may renew shared financing under a program for the disposal of solid fuel of RS-22 (SS-24 according to NATO classification) intercontinental ballistic missiles at Pavlohrad chemical plant in Dnipropetrovsk region.

KIEV, June 29 – The production of fuel bricks, granules and other types of alternative solid fuel in 2010 will grow by 50-67% to 450,000-500,000 tons, according to the Ukrainian Association of Alternative Solid Fuel Producers.

KIEV, June 25 – Knauf Insulation Ukraine Ltd. plans to build a rockwool insulation plant worth over EUR 100 million in Fastiv (Kiev region), although the company has not decided when work on the plant will start, company Director Andriy Pavlyk said.

KIEV, June 25 – Kharkiv-based Turboatom, the largest turbine equipment producer in Ukraine, and the Czech company Skoda Power have signed a protocol on cooperation in the energy engineering sector, the key direction of which would be the production of steam turbines for Indian heat power plants.

KIEV, June 25 - The share of bad credits in the total amount of loans extended by Ukrainian banks grew by 0.6 percentage points in May, to 4.89% by June 1, the National Bank of Ukraine reported.

The amount of bad credits in monetary terms in May grew by 12.5%, or UAH 4.06 billion, to UAH 36.497 billion, the NBU said.