KIEV, July 25 – The National Bank of Ukraine has allowed the European Bank for Reconstruction and Development to sell foreign currency on the Ukrainian interbank forex market through Ukrainian banks and raise loans in the hryvnia for further lending in the Ukrainian national currency to residents.

KIEV, July 26 – Donetsk City council on Wednesday approved the decision of a tender commission that declared Kiev-based AeroSvit-Ukrainian Airlines the winner of a tender to select an investor to develop Donetsk-based Donbasaero municipal company, AeroSvit told Interfax-Ukraine.

KIEV, July 26 – The nominal saturation of mobile communications in Ukraine by the end of 2007 will be 120% or 56 million sold SIM cards, and real saturation will reach 69% or 32 million subscribers, Russia's Euroset said in a preliminary study of the cell communications markets issued on Wednesday.

BUDAPEST, July 26 - Ukrainian steel producer Vorskla Steel has made a final decision on setting up a EUR300 million steel mill in northeastern Hungary, near the Ukrainian border, the daily Vilaggazdasag reported Thursday based on information from trade development agency ITD Hungary.

KIEV, July 26 - Metinvest Holding, Ukraine’s largest steel and mining group, has secured a $1.5 billion syndicated loan that will be spent on modernization of steel making facilities, the company said Thursday.

KIEV, July 25 ??“ Commercial Company Ltd., an company that handles the National Reserve Corporation of Russia??™s investment projects in Ukraine, mulls building a chain of up to 20 hotels in Ukraine's largest regional centers.

KIEV, July 26 ??“ Ukrainian Mobile Communications, the No. 2 cell phone company, has not yet decided whether it will pay for what it says is an expensive license for broadband data transmission in the CDMA-450 standard, an official said.

KIEV, July 25 ??“ Global Witness, a London-based non-government energy watchdog, called on the Ukrainian government to investigate the reasons for using RosUkrEnergo, a controversial Swiss-based gas trader, as the only gas supplier.

KIEV, July 26 ??“ Head of the State Property Fund of Ukraine (SPF) Valentyna Semeniuk says that covering the 2007 budget deficit of 2% of GDP, or UAH 11.5 billion, with privatization revenues is unrealistic, due to the lack of facilities for sale.