Daily monitor

Kryukiv Railcar [KVBZ, BUY] has bought a 75% stake in the Kremenchug Metal Products Plant.

Turboatom [TATM, HOLD] won the tender for upgrading a K-300-240-2 turbine at the first power generating unit of the Zuev TPP (Vostokenergo, Donetsk Region).

ArcelorMittal Kryvyy Rih [KSTL UZ, BUY] reportedly doubled YoY its net income in 1H08.

According to an official company press release, during June-July, Concern Galnaftogaz [GLNG UZ, Speculative BUY] expanded its network of branded OKKO stations by 13 units.

At the end of July, Concern Galnaftogaz [GLNG UZ, Speculative BUY] disclosed its UAS non-consolidated 1H08 results.

At the July 31 AGM, shareholders of Khartsyzk Pipes & Tubes [HRTR UZ, N/R] decided to declare 98% dividends (DPS UAH 0.122, or USD 0.0263; dividend yield 7.4% at the July 31 close of UAH 1.65).

System Capital Management (SCM) officially announced of selling its share of 94% in Crimea brewery. According to Ukranews, SCM has reached an agreement to sell the Crimea Brewery (total output capacity a 10 mln dal).

The National Bank of Ukraine announced that its international reserves increased USD 2.58 bln (7% MoM) in June and reached USD 38 bln.

Astarta [AST PW, BUY] released an update on its harvest progress.

Ukrainian turbine producer, Turboatom [TATM, HOLD], will supply 4 turbines for Russian Egorlyk hydro power plant worth USD 1 mln by the end of 2009.