Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Universal Bank valid for 1 to 3 years went down by 94.36% (from 9.75 million RUR to 550,000 RUR) in January 2008.

Yekaterinburg’s Central Department of Rospotrebnadzor (the state consumer rights watchdog) published the results of inspecting the city’s travel agents. After the Russian tourism legislation was modified in 2007, Rospotrebnadzor had to inspect a number of companies (including Palma Tours, SverdlovskKurort, Zheltyi Chemodan, and Time Travel) after complaints had been filed by some of their customers. The inspections revealed that these travel agents violated the existing sanitary regulations as well as some of consumers’ rights: 1. The companies failed to fully inform the customers about the

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 27, 2008, the share price of Troika Dialog Federalniy (Troika Dialog Management Company) has gone down by 23.17% since the beginning of the year.

Ukraine’s Supreme Rada approved of a bill that limits the advertising of strong drinks and tobacco products. These limits are much stricter than those imposed by the Russian government, but they are to be introduced gradually between January 1, 2009 and January 1, 2010. First, no alcohol or tobacco products will be advertised through billboards or any other type of outdoor ads, and one year later, no such ads will appear in any kind of mass media, excluding specialized magazines. Nevertheless, these upcoming changes do not alarm the Ukrainian strong drinks producers too much, as they usually

Central Bank of Russia reports volume of non-profit NGOs’ deposits in Bank URALSIB valid for up to 30 days dropped by 99.33% (from 39.3 million RUR to 262,000 RUR) in January 2008.

According to the Central Bank of Russia, volume of call loans given by VUZ Bank to private individuals went down by 6.69% (from 8.72 million RUR to 8.136 million RUR) in January 2008.

Central Bank of Russia reports volume of natural persons’ deposits and other investments in TagilBank valid for 31 to 90 days went down by 20% (from 36.908 million RUR to 29.516 million RUR) in January 2008.

‘Foreign heavy engineering companies control 70% of the market at the moment; Russian companies fall behind because of a long history of being underfinanced, experiencing quality problems and difficulties meeting the deadlines brought about by faulty business structures. Now, we have the means to improve the situation,’ Uralmashzavod’s Marketing and Strategic Director Alexei Slavitch said at a press conference on March 28, 2008. ‘So far, Uralmash Machine-Building Corporation has done a lot to find its way out of a crisis. The company’s main achievement is that we now have a clear divisional

The 500-megawatt power generating unit 10 was re-launched at Reftinskaya power station (part of OGK-5), having been fully restored after the breakdown, the spokesperson for OGK-5 reports. Yet it took the company nearly eighteen months to have the unit fixed. The breakdown occurred on December 20, 2006 when the power station caught fire, destroying the roof of the main building and ruining the power unit completely. The power station’s second 2,000-megawatt section had to be shut down, which infringed on the system’s reliability and did the company over 237 million RUR worth of damage. Later

According to the Central Bank of Russia, volume of loans given by Pervouralsk Joint Stock Commercial Bank to private individuals for 181 days to 1 year went down by 4.02% (from 30.327 million RUR to 29.107 million RUR) in January 2008.