LONDON, Jan. 26 - Moody's Investors Service has downgraded Ukrprombank's local and foreign currency deposit ratings to C from Caa3, and the National Scale Rating (NSR) to C.ua from Caa3.ua, the agency said in a statement. Ukrprombank's E Bank Financial Strength Rating (BFSR) remains unchanged.

KIEV, Jan. 26 – UkrNafta, Ukraine’s largest oil company, at a shareholder meeting on Tuesday voted to pay 5.08 billion hryvnias, or $635.8 million, in dividends for 2006-2008, an official said.

OVRUCH (Zhytomyr region), Jan. 25 – The tender commission at the Fuel and Energy Ministry to select a technology supplier and partner for the construction of a nuclear fuel plant has directed proposals to participate in a tender to Russia's TVEL and U.S. Westinghouse, Fuel Minister Yuriy Prodan told journalists during his working trip to Zhytomyr region.

KIEV, Jan. 25 – Six Ukrainian-made missile carriers were launched on the international space service market in 2009, which helped Ukraine to be fourth along with China in the world's rating of space states, the National Space Agency of Ukraine announced.

KIEV, Jan. 26 – Kashtan Petroleum JV, a joint venture of Sweden's Petrosibir, and UkrNafta have commenced the drilling of their third development well as partners in the Lelyaki oil field next to Poltava.

The well is in close proximity to pipeline infrastructure to allow rapid tie in.

KIEV, Jan. 26 – Ukrainian mutual fund shares fell an average 30.96% in 2008, according to a survey by the Ukrainian Association of Investment Business.

The association says that SEB Fund Financial Market showed the smallest losses (a 6.41% fall).

Parex Ukrainian Balanced Fund was among leaders in fall of the Net Asset Value (NAV) (minus UAH 204.49 million, or an 82.8% fall), and the fund's investment certificates' placement among investors fell by 70.68%.

KIEV, Jan. 23 -- Moody's Investors Service has downgraded to B2 from B1 the long-term local currency deposit and foreign currency debt ratings of Bank Nadra.

KIEV, Jan. 23 – Kerch’s Zaliv Shipyard has signed two new contracts on building of hulls for offshore vessels to service drilling platforms with Norway's Ulstein.

KHARKIV, Jan. 26 – Kharkiv-based Turboatom and Japan's Mitsubishi Heavy Industries Ltd. have signed an agreement on cooperation.

Turboatom Director General Viktor Subotin told the press that the agreement was signed on Jan. 22 after one year of talks and exchanges of delegations.

KIEV, Jan. 26 - The Irish Communicorp Group media corporation has completed a long-term strategic goal with the acquisition of two Ukrainian radio stations, Radio Apelsin and Nashe Radio, the Finfacts information portal reported on Wednesday.