Daily monitor

The Zaporizhya Car Assembly plant (ZAZ) – the largest producer of cars in Ukraine – issued a statement noting that it recorded losses of UAH 390.576 mln for 2008, according to the Ukrainian News agency.

The Kyiv-based OJSC Mostobud [MTBD UZ, U/R], Ukraine's largest bridge construction company and the general contractor in a project to build a massive bridge in Zaporizhya across the Dnieper River, is in talks with the U.S. Sunland Group Corporation regarding the acquisition of a loan to enable the company to complete its existing construction projects.

In several official filings submitted with the regulator in January-February, Zaporizhstal [ZPST UZ, U/R] reported changes in its shareholder structure. Several developments are as follows.

The Kharkiv-based OJSC Turboatom [TATM UZ, HOLD] – the largest turbine manufacturer in Ukraine and one of the largest energy equipment producers in the world – has announced that its net profit for 2008 grew by 19.7% YoY to UAH 41.8 mln.

The National Bank of Ukraine (NBU) has taken Nadra Bank, ranked 9th in Ukraine by assets, under temporary administration.

Zaporozhkoks [ZACO UZ, N/R] decreased output of 6%-humidity gross coke by 10% MoM to 105 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 140 thsd mt (down 7% YoY), the January volume was down 25%.

In January, Yasynivka Coke [YASK UZ, U/R] increased output of 6%-humidity gross coke by 11% MoM to 108 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 127 thsd mt (down 12% YoY), the January volume was down 15%.

In January, Donetsk Coke [DKOK UZ, N/R] increased output of 6%-humidity gross coke by 24% MoM to 22 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 31 thsd mt (down 46% YoY), the January volume was down 28%.

In January, Bagliy Coke [BKOK UZ, U/R] decreased output of 6%-humidity gross coke by 8% MoM to 31 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 55 thsd mt (down 4% YoY), the January volume was down 44%.

In January, Avdiivka Coke [AVDK UZ, U/R] increased output of 6%-humidity gross coke by 6% MoM to 191 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 324 thsd mt (up 8% YoY), the January volume was down 41%.