Uralmash Machine-Building Corporation is expecting to double its excavator production this year compared with the year 2007, the company’s press officer said to UrBC. According to the press officer, the enterprise will mainly focus on supplying its ESH-40.100 walking excavator with a forty-cubic-meter shovel and a hundred-meters-long shovel boom for a Chinese customer. In addition, Uralmash will produce about forty EKG-5A excavators with five-cubic-meter shovels for Russian metallurgical and mining enterprises. So far, the company has launched ten excavators already.

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 1.57% between February 29, 2008 and March 3, 2008. According to Eurogreen’s website, the company’s net assets decreased from 2,951,020.83 RUR on February 29, 2008 to 2,904,836.46 RUR on March 3, 2008.

Central Bank of Russia reports volume of loans given by Uralprivatbank to for-profit self-regulatory organizations for 31 to 90 days went down by 87% (from 7 million RUR to 910,000 RUR) in January-February 2008.

Central Bank of Russia reports volume of loans given by Uralfinprombank to for-profit self-regulatory organizations for 31 to 90 days went down by 63.06% (from 92.8 million RUR to 34.275 million RUR) in January-February 2008.

URSA Bank took a two-tranche loan worth $125m altogether from the International Finance Corporation. The first $50m tranche was provided by the IFC itself for four years, while the remaining $75m were offered to URSA Bank in a syndicated loan format by the IFC, Citigroup Global Markets, and ICICI with the interest rate determined at LIBOR + 120 basis points for two years. URSA Bank reports this transaction signifies that the bank is trusted despite the current difficulties on the market and is capable of attracting resources at low interest rates. URSA Bank will use the money for trade

Bank VTB’s net loss amounted to 169.756 million RUR in February 2008; figures were compiled based on Russian Accounting Standards). Last February, however, the bank’s net profit came to 894.94 million RUR, while VTB’s losses in January 2008 reached 6.423 billion RUR.

According to the Central Bank of Russia, volume of loans given by Tyumenenergobank to self-regulatory financial institutions for up to 30 days dropped by 100% (from 100,000 RUR to zero) in January-February 2008.

Central Bank of Russia reports volume of loans given by VUZ-Bank to for-profit self-regulatory organizations for up to 30 days went down by 97.02% (from 20.15 million RUR to 600,000 RUR) in January-February 2008.

The power stations and boiler houses belonging to TGK-9, the power generating company, supplied their customers with 4.9 million Gcal of heat last month, which is somewhat less than in February 2007, the company’s official report says. The enterprise’s Perm Territory subsidiaries, for instance, produced 1.9 Gcal of heat in February 2008, those based in Sverdlovsk Region produced 2.3 Gcal of heat, and those based in the Republic of Komi produced 699.3 Gcal of heat in February 2008. The company’s report contains no comments as to the reasons for producing less heating power, even though the