Daily monitor

AZOVMASH intends to deliver a converter with a capacity of 140 metric tons to the metallurgical company "Dunafer" by 2010.

The Kernel Group [KER PW, U/R], one of the country’s leading bulk oil and grain trading companies with vertically-integrated assets, has announced its plans to finish building its fourth oil processing plant.

A new fixed broadband internet service has begun operation in Ukraine. As reported by TeleGeography, this new service was launched under the brand name ‘Beeline’ and constitutes a joint venture between Golden Telecom and Ukrainian Radio Systems (Beeline), both of which are sister companies of the Russian telecommunications operator Vimpelcom.

The Union of European Football Associations (UEFA) Council has announced its final decision to hold the Euro-2012 Soccer Cup in Ukraine and Poland.

The OJSC Mostobud [MTBD UZ, BUY] has signed a contract with the German company Bridon International, whereby Bridon will provide Mostobud with steel ropes to be used for its bridge construction project in Zaporizhya.

In August 2008, the number of mobile communications subscribers in Ukraine grew by 0.75% or by 420,000 subscribers to reach 55.77 million; so says a report issued by IKS Consulting.

Ukraine’s Cabinet of Ministers made a decision to take the state’s corporate rights in AZOVMASH into its hands.

According to Interfax, Landkom [LKI LN, N/R], an international agricultural company with land assets in Ukraine, has increased its land bank in Ukraine by 15% to 115 thsd ha.

Since the beginning of the year, AZOVMASH, the leader of heavy machinery in Ukraine, has demonstrated UAH 4.5 bln in sales.

Motor Sich [MSICH UZ, U/R], the only Ukrainian company that is engaged in the development, production, testing and repair of modern aviation engines, plans to open an engine repair plant in the city of Dubne (Russia) before the end of the year.