RAO UES of Russia held a BOD meeting that resulted in a decision to suggest that Yekaterinburg Electrical Network Company gets reorganized through creating a separate sales agency. This was actually the first procedure related to re-structuring the company and helping it meet the requirements imposed by the Federal Law 36 as of March 26, 2003 regarding the separation of activities pertaining to natural monopolies and those that can be classed as potentially competitive, the spokesperson for Yekaterinburg Electrical Network Company reports. The new sales agency YekaterinburgEnergoSbyt is to be

The Interregional Territorial Technological and Environmental Safety Department of Rostechnadzor (the state environmental watchdog) in Ural Federal District reports their inspections revealed a number of violations in terms of Sverdlovsk Region authorities getting ready for the heating season 2007/2008. For one, Uktus Company never got a license entitling it to handle the explosion-prone productive facilities; Polevskoye and Sverdlovsk Utilities Systems (both of which are based in Polevskoy) haven’t got enough trained and certificated employees; the towns of Degtyarsk, Zarechniy, and

The Interregional Territorial Technological and Environmental Safety Department of Rostechnadzor (the state environmental watchdog) in Ural Federal District reports 99 people got hurt in industrial accidents in the first half of 2007 compared with 191 people in January-June 2006. Ten fatal accidents have been reported since the beginning of the year, as well as two accidents involving a group of people, with one victim actually getting killed. 54.5% of the victims were aged 50-59, 27.3% were 40 to 49 years old, 9.1% were aged 20-29, and 9.1% were aged 30-39. All of them were male; the job of

According to the Central Bank of Russia, volume of loans given by Uralfinprombank to natural persons for 91 to 180 days went down by 72.5% (from 4.311 million RUR to 1.184 million RUR) in January-June 2007.

The volume of loans offered by SKB-Bank to small businesses has by now exceeded 2 billion RUR. Since the special Loans to Small- and Medium-Scale Businesses Program began one and a half years ago, SKB-Bank has already provided its customers with 5,000 loans worth approximately 2,000,000,000 RUR, the bank’s press officer reports. SKB-Bank has also been working on setting up more offices dealing in services to small and medium-scale businesses since the beginning of the year and can now boast subsidiaries in Yekaterinburg and Sverdlovsk Region as well as other parts of Russia. SKB-Bank’s loans

Central Bank of Russia reports volume of natural persons’ investments and deposits in SberInvestBank valid for 31 to 90 days went down by 64.9% (from 1.988 million RUR to 697,000 RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by Metcombank to profit-making self-regulatory organizations for 31 to 90 days went down by 12.4% (from 227.798 million RUR to 199.504 million RUR) in January-July 2007.

The Central Bank of Russia reports volume of loans given by GRAN Bank to sole traders for 181 days to 1 year went down by 72.6% (from 43.16 million RUR to 11.816 million RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by Ural Innovational Commercial Bank to natural person for 91 days to 180 days went down by 100% (from 1.002 million to zero) in January-July 2007.

Governor of Chelyabinsk Region Petr Sumin is expected to chair a cabinet meeting on August 15, 2007. The agenda of the meeting covers issues like approving of the region’s budget for 2008, medium-term financial planning for Chelyabinsk Region in 2007-2010, and the region’s socio-economic development strategy in 2007-2020. Some changes will also be made in terms of the regional laws on the budgetary processes in Chelyabinsk Region, on guardianship practices in the region, and on the regional education. Changes in the law on Chelyabinsk Region Obligatory Medical Insurance Fund budget are