KIEV, May 18 - The Prosecutor General’s Office on Wednesday reported it won a court ruling allowing the government to nationalize a 68% stake in the country’s sole aluminum smelter ZALK.

KIEV, May 17 – The Ukrainian Foreign Ministry intends to put maximum effort to promote Ukrainian products and strengthen the position of Ukrainian exporters on international markets, Foreign Minister Kostiantyn Hryschenko said.

KIEV, May 18 - Ukrainian car manufacturers have proposed that car import duties be put in place if a free trade zone with the European Union is created, MP Tariel Vasadze, the head of the Ukravtoprom association council, said at parliamentary hearings at the Verkhovna Rada last week.

KIEV, May 17 – The net growth of foreign direct investments in Ukraine's economy was $98.3 million in January through March, down 88% from the same period a year ago, the State Statistics Committee reported on Monday.

KIEV, May 17 - Standard & Poor's raised Ukraine’s foreign currency sovereign credit ratings to 'B/B', from 'B-/C', also raising the local currency ratings, the agency said in a statement. The outlook is stable.

KIEV, May 15 – The implementation of the country's privatization plan is impossible without the sale of a controlling stake in Ukrtelecom national communications operator, according to Dmytro Parfenenko, acting head of the State Property Fund of Ukraine.

KIEV, May 15 - Oil transit via Ukrainian pipelines in January to April came to 10.593 million tons, which is 6.5% or 737,100 tons less year-over-year, the Ukrainian Fuel and Energy Ministry announced.

KIEV, May 15 – Natural gas in Ukrainian underground gas storage facilities as of May 1 reached a record of 16.843 billion cubic meters, which is 11.8% up as of May 1, 2008, and 11.6% up as of May 1, 2007.

KIEV, May 15 - Time Warner Inc. has received a permit from the Antimonopoly Committee to buy over 25% of shares in Central European Media Enterprises Ltd. (CME, Bermudan Islands), which controls 1+1 and Kino TV channels in Ukraine.

The AMC posted the information on its Web site on Thursday.

KIEV, May 18 – The net inflow of foreign direct investment into Ukraine in the first quarter was estimated at $820 million, 24.4% of the amount of FDI registered in the first quarter of 2008, the State Statistics Committee reported.