KIEV, May 21 – Naftogaz Ukrayiny doesn’t expect an amicable settlement of a legal dispute with Swiss-based gas trader RosUkrEnergo over 11 billion cubic meters of gas, Naftogaz chief Yevhen Bakulin said Friday.

KIEV, May 21 -- Moody's Investors Service has placed the ratings of Ukrainian-based PrivatBank, Savings Bank of Ukraine (also known as Oschadbank) and Ukreximbank banks on review for possible downgrade.

KIEV, May 21 – Ukraine in April to January cut electricity exports 1.266 billion kWh year-on-year to 1.063 billion kWh, the Fuel and Energy Ministry told Interfax-Ukraine.

Ukrainian electricity supplies to Slovakia in January to April 2009 grew 5.4 times or by 652.1 million kWh, to 799.5 million kWh, while electricity supplies to Hungary fell 5.3 times or by 934.1 million kWh, to 218.4 million kWh, and electricity supplies to Romania dropped by 4% or 1.8 million kWh, to 43.1 million kWh.

KIEV, May 21 – Naftogaz Ukrayiny is interested in attracting of foreign investment and advanced technologies, in particular, those of the Shell Oil Company to develop oil and gas fields on the deep shelf of the Black Sea.

KIEV, May 24 ??“ The European Union has allocated a grant of EUR 13 million for reform of the housing and utility economy in Romny, Pryluky, Izium and Sverdlovsk.

KIEV, May 24 ??“ The State Property Fund of Ukraine has put up 1% of stocks in telecoms giant Ukrtelecom for sale on the Ukrainian Stock Exchange (USE) on May 29, the SPF reported on its official Web site.

KIEV, May 24 - Germany's Siemens and the Ukrainian State Rail Transport Administration and are developing a locomotive that operates both on alternating and direct current, Rail Administration General Director Volodymyr Kozak said at a Thursday.

MINSK, May 24 - A meeting of the Council of CIS Prime Ministers scheduled to take place on Friday in Yalta will see discussions of economic interaction between CIS member states, including the creation of a common energy market.

KIEV, May 24 ??“ Germany's Homanit is to launch the construction of a wood-processing factory in Korosten in Zhytomyr region late in 2007 to produce thin fiberboard for furniture.

KIEV, May 24 ??“ Ukraine has a considerable economic growth potential, which is higher than the Russian one, says Anders Aslund, a leading expert of the Peter G. Peterson Institute for International Economics.