Daily monitor

Kryukiv Railcar [KVBZ UZ, U/R], will supply 30 metro wagons to Kyiv metro according to a statement issued by the head of the railcar producer's supervisory board. The size of the order decreased from 50 to 30 wagons, mainly due to a lack of financial resources.

Naftogaz held negotiations with creditors about restructing of Eurobonds at the total volume of USD 500 mln with maturity date at 30 September 2009.

In an interview to Ukrayinska Pravda, Ihor Kolomoyskiy, one of the partners of the Privat Group, mentioned that Viktor Pinchuk, the principal benefactor of the EastOne group, controls about 20% of Nikopol Ferroalloys [NFER UZ, SELL], and only indirectly.

The EGM of Ukrnafta [UNAF UZ, U/R], which was scheduled for today, did not take place because of the absence of the shareholders’ registry.

According to the bank’s press service, Megabank[MEGA UZ, HOLD] intends to increase its statutory capital by UAH 150 mln to UAH 0.5 bln. The decision will be voted on at the EGM scheduled for August 21.

National Energy Regulatory Commission of Ukraine (NERC) amended the draft which regulates auctions on power export.

According to the Auto-Consulting agency, the Ukrainian new car market saw a significant month to month increase in July when the sales hiked 16%. Still, the car dealers sold 77% fewer cars than in July 2008.

As reported Interfax, the Ukraine’s daily newspaper, the government decided to provide agrarians with USD 36.1 (UAH 275 mln) from the State Reserves Fund. In particular, for bank’s interest reimbursement will be directed USD 15.1 mln (UAH 115 mln). A total USD 2.6 mln (UAH 20 mln) will be addressed to support domestic animal production.

Ukrainian prime minister Yulia Timoshenko said the government can recapitalize the largest troubled banks, Nadra and Ukrprombank. It could take two to three months to do this, said the Prime Minister.

According to Ukranews, domestic beer producers decreased beer production by 7.6% MoM to 34.4 mln dal in June, 2009. However, beer production increased by 3.6% YoY or by 1.2 mln dal. For the period of January-June a total of 155.3 mln dal (-6.3% YoY) was produced by Ukraine’s breweries.