KIEV, June 15 – State Food-Grain Corporation seeks to invest UAH 230 million in modernization of its elevators in 2016.

"We have allocated UAH 230 million from the company's budget to upgrade our elevators," acting Chairman Borys Prykhodko said at a press conference in Kiev.

KIEV, June 15 – Gas transportation operators of Ukraine and Poland, Ukrtransgaz and Gaz-System, have drawn up a feasibility study for building a 99.3 kilometer gas interconnector between the two countries. The companies are ready to start drawing up blueprints.

KIEV, June 15 – State Food-Grain Corporation and China National Complete Engineering Corporation (CCEC) have reached an agreement on the size of their preferential margin, pegged at 1.5% of the price, but no more than $5 per ton and only if CCEC is the ultimate recipient of grain.

KIEV, June 16 – The heating tariff for consumers of Kyivenergo who have heat meters installed in houses or apartments will grow more thaan 100% (by UAH 759.72 per gigacalorie) on July 1, to UAH 1,416.96 per gigacalorie.

KIEV, June 17 – Consumer confidence in Ukraine improved by 1.3 points in May compared to April, reaching 50.3 points, GfK Ukraine reported.

"The increase of consumer confidence occurred on the background of deterioration of personal financial standing evaluations and the increase of Index of Propensity to Consume.

KIEV, June 17 - Supplies of Russian natural gas to the EU via the traditional route across the territory of Ukraine in 2020 would be much more cost effective than via the Nord Stream 2 gas pipeline, Naftogaz Ukrayiny said.

KIEV, June 17 – The National Bank of Ukraine has insufficient authority to cover all aspects of currency regulation and quickly react to changes on the currency market and advocates the adoption of a separate law on currency regulation, said Serhiy Ponomarenko, director of the open markets department at the NBU.

KIEV, June 17 – Kiev's business court has ordered Ukrgazvydobyvannia to halt any actions related to the tender to buy hydrofracturing services (100 hydrofracturing operations), the state-owned company reported.

KIEV, June 17 – Naftogaz Ukrayiny has announced a tender to buy legal services to represent its rights and interests in foreign jurisdictions, including foreign public agencies, institutions, foreign or international courts, arbitration courts and international organizations in relations with other persons and to accompany the company's foreign economic operations.

KIEV, June 18 – The Energy and Coal Industry Ministry hopes to settle their dispute with Westinghouse over damaged fuel assemblies through negotiation, Energy Minister Eduard Stavytsky told the press on Tuesday.