KIEV, May 20 – An explanation from the State Property Fund on the formation of the starting price of Odessa Port-Side Plant will attract higher bids, Managing Director for Eastern Europe and the Caucasus at the European Bank for Reconstruction and Development Francis Malige said.

KIEV, May 19 – State-run Kiev Armor Factory has presented its newest piece of military gear, equipped with an innovative computer system for directing fire at enemy troops, transport vehicles, terrestrial and low-flying aerial targets.

KIEV, May 20 – The State Reserve Agency seeks to consolidate 10 of its agricultural enterprises and organizations into one holding to be tentatively named Agroreserve. This would help to improve the operational management and boost revenues, State Reserve Agency head Vadym Mosiychuk said.

KIEV, May 20 – The National Bank of Ukraine has allowed Bolat Nazarbayev, whose first and last names are similar to those of Kazakh President Nursultan Nazarbayev's brother, to purchase 50% of Eurobank (Kiev), according to the regulator's website.

KIEV, May 20 – Chinese Cofco has invested $75 million in the launch of a grain terminal in Mykolaiv region.

Interfax-Ukraine reported that the terminal was launched on May 19.

KIEV, May 20 – The National Bank of Ukraine has declared Fidobank insolvent.

The report states on May 12 the outflow of funds from the accounts of legal entities and funds of other banks started, while funds were not withdrawn to institutions related to the shareholders.

KIEV, May 20 – The European Union and the European Bank for Reconstruction and Development will provide up to EUR 28 million for business advice, information, training and other support to small and medium-sized enterprises (SMEs) in Ukraine as part of the EU4Business initiative.

KIEV, May 23 – The completion of a New Safe Confinement (NSC) over reactor four of Chernobyl nuclear power plant destroyed 30 years ago is a top property for 2016, according to the draft action plan of the government for 2016.

KIEV, May 23 – The situation in the nuclear sector today is more critical than at any time of Ukraine's independence, former EnergoAtom President MP Andriy Derkach said.

"Only seven reactors are operating now. Two reactors were put on the emergency mode in the past 24 hours.

KIEV, May 22 - A mission of the senior military leadership of Thailand, while on an official visit to Ukraine, on Tuesday visited several enterprises of the state concern Ukroboronprom, where the mission members acquainted themselves with the Ukrainian defense industry's capabilities in the production of armored vehicles, high-precision weapons and shipbuilding.