KIEV, Feb. 17 – A total of 35% of all operating Ukrainian banks posted net losses in 2009, according to the National Bank of Ukraine.

The total net loss of the 179 operating banks in Ukraine in 2009 reached UAH 31.492 billion, while in 2008 the net profit of the 182 operating credit and financial institutions came to UAH 7.304 billion.

KIEV, Feb. 17 – The net outflow of foreign direct investment (FDI) from Ukraine in October through December 2008 was estimated at $1.898 billion, the State Statistics Committee said on Monday evening.

At the same time, FDI growth in Q3 2008 was $1.17 billion; in Q2 2008, $3.553 billion and in Q1 2008 it was $3.365 billion.

KIEV, Feb. 16 – AvtoKrAZ holding company (Kremenchuk), the only truck producer in Ukraine, plans to produce 2,600-3,000 trucks in 2009, down from 2008’s 3,634 trucks.

KIEV, Feb. 17 – Zaporizhia-based OJSC Motor-Sich is interested in the organization of facilities for servicing and producing its plane and helicopter engines in India.

The Industry Ministry told Interfax-Ukraine on Monday that during the AeroIndia-2009 international aviation exhibition held in Bangalore (India), the leadership of Motor-Sich submitted proposals to the Indian Defense Ministry on a number of joint projects on designing and producing aircraft engines and the creation of join aircraft repair plants.

KIEV, Feb. 15 – According to estimated data, the net profit of UkrNafta in 2007 was around UAH1 billion, which is in line with the December forecasts of the company, said Volodymyr Pustovarov, first deputy chairman.

He said that more exact data would be received in two weeks.

KIEV, Feb. 15 - Ukraine’s largest petrochemical company KarpatNaftoKhim expects to have losses of about $5.5 million per month in 2008 from processing of pyrolytic raw materials due to growing prices for energy, the company reported Friday.

KIEV, Feb. 14 - Moody's Investors Service announced that it had assigned a first-time global scale insurance financial strength rating of B3 to Kiev-based Insurance Company Universalna.

KIEV, Feb. 15 – Ukraine's joining the World Trade Organization would have moderately positive consequences for many sectors of its economy, the results of which would be felt in five to seven years, according to a report drawn up by Vitaliy Vavryschuk, an analyst from Kiev-based Dragon Capital Investment Company.

KIEV, Feb. 17 ??“ In January sales of new passenger cars in Ukraine grew by 22.6% in comparison with January 2004 to over 12,400, the information analytical group Auto Consulting reported.

KYIV, Jan 16 – The fertilizer market in Ukraine in 2024 will change dramatically due to the introduction of customs checks of the origin of imported goods and the forced transition to the use of domestic products, which will still not reduce the costs of farmers, the information and analytical agency Infoindustry reported.