According to the Central Bank of Russia, the volume of loans given by UralTransBank to sole traders for a term of up to 30 days has gone down by 26% (from 44.096 million to 32.419 million RUR) throughout January to July 2006.

Governor of Sverdlovsk Region Eduard Rossel met Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark to Russia Per Karlsen in the government house today. Mr Rossel spoke on the growth in the fields of regional industry, wholesale and retail trade, and agriculture throughout the year. He also mentioned the ongoing renovation of the regional metallurgical, power engineering, and machine building enterprises. According to the Governor, the investments in Sverdlovsk Region businesses went up by 28% compared to 2005 and will have come to $5bn by the end of the year. A large

Evrasruda JSC (part of Evraz Group) gives overhaul to transporter cranes in its Abagurskiy subsidiary. No. 4 transporter crane was put out of operation on August 21, 2006 and will only be put back on track in twenty days, after all the defects in the metalwork have been eliminated. The overhaul of No. 6 transporter crane located in the processing shop was completed last week; the repairs included patching the cracks in the metalwork that had emerged due to the extensive use of the device. No. 3 transporter crane was given a 25-day overhaul in July, which consisted of patching the cracks,

On August 21, 2006, Zinc Plant of Chelyabinsk JSC held extraordinary general meeting. The stockholders defined the limit of the company’s nominal book-entry shares of common stock offered at 50m shares with face value 1 RUR each, so that the total value comes to 50m RUR. This decision is reported in the company’s release. The stockholders also approved of the new version of the company’s Charter, of the corporate code of behavior, and of some other documents.

On August 18, 2006, Federal Financial Markets Service of Russia released the notification of closing down Energy Fund closed unit investment trust managed by Eurogreen Management Company (part of Eurogreen Investments and Financial Company). The PR-department of Federal Financial Markets Service reported that this was effected by the fact that before the end of the trust formation, the value of its property fell short of the minimum value defined by the state rules for unit investments trusts formation. Due to the resources (property) inadequacy, the trust had to be reformed. This was

Board of Directors of Yuzhuralconditer JSC made a decision to hold extraordinary general meeting. The stockholders will address the question of approval of an important transaction, namely the contract of Merendinqi automated sponge cake production line supply negotiated between the Association and CB CB S.r. l. of Italy. In addition, the stockholders are to decide on the contract with Alpha-Bank JSC. The contract concerns giving the company a credit line in foreign currency.