Credit-Rating, a nationally-recognized credit rating agency in Ukraine has today announced the assignment of the uaB long-term credit rating to UAH54m 8-year issue of registered discount bonds by Cherkasy-based Cherkassyzhelezobetonstroy LLC ('Issuer' or 'company').

The Construction, Architecture and Utility Service Ministry is to create a department for regulating the building materials' sector, Ukrcement executive director Petro Lopatiev has told. He said that through the department, the ministry could immediately react to problem issues in the sector.

The International Finance Corporation, the private sector arm of the World Bank Group, provided a $9 million loan to Zeus Ceramica, a ceramic tile manufacturer located in Slovyansk, Donetsk Region in Ukraine. IFC’s financing will help the company expand its operations and improve its balance sheet.

The Ukrainian-Russian business forum on the investment climate in Ukraine after the parliamentary election will be held in Kyiv in July 2006.

The amount of construction services in Ukraine from January to March 2006 grew by 5% year-over-year, to UAH 5.8 billion, the State Statistics Committee said.

The company Praktiker Bau and Heimwerkermarkte Holding AG, which operates one of the world's biggest chains of construction material supermarkets and is an element of the Metro Group, is contemplating to set up a chain of Praktiker shops in Ukraine.

CJSC Bakhchysaray Budindustriya combine is to construct a plant to make dry construction mixtures with an annual capacity 30,000 tonnes.

The Ukrainian Construction Association (UCA) is opening representative offices in the Ukrainian regions.

CJSC Bakhchysaray Budindustriya combine is to construct a plant to make dry construction mixtures with an annual capacity 30,000 tonnes.

The HeidelbergCement Group's Ukrainian-based cement factories saw a 18.3% rise in cement production January through March, year-over-year, to 511,900 tonnes.