Ural Airlines is to start operating an additional Moscow-Yekaterinburg flight on April 9, 2008. The plane leaves Domodedovo airport at 11.50 PM and arrives at Koltsovo airport in Yekaterinburg at 4 AM every Wednesday, Thursday, and Friday. The airline operates six flights bound for Moscow and back daily. Special tariffs (with cheapest single tickets available for only 2,200 RUR, excluding the fuel fee) were offered to customers beginning from March 25, 2008, even though the number of seats is limited. U6-264, the Yekaterinburg-Moscow flight, leaves Koltsovo at 6.50 AM and arrives at

Magnitogorsk Iron & Steel Works (MMK) won in the 4th All-Russian IPO Olympus 2007 contest, getting the prize in the Best Corporate Management Practice category. The contest was part of the 4th All-Russian IPO Congress, Russia’s major forum dedicated to the investment issues. The congress can be useful for all the Russian issuers as well as professionals dealing in public offers. The congress was divided into panels on preparing for a public offer and going through with it. Experts from the state bodies like the Federal Financial Market Service, the Central Bank, and the Ministry of

Central Bank of Russia reports volume of loans given by SberInvestBank to self-regulatory financial organizations for 181 days to 1 year went down by 19.66% (from 19.635 million RUR to 15.775 million RUR) in January-March 2008.

Sverdlovsk Region Court of Arbitration is to consider the claim laid by Rosimuschestvo’s regional division against Koltsovo airport of Yekaterinburg. Rosimuschestvo is planning to cancel the rental agreement it has with the airport regarding its premises. The court’s press officer reports this agreement involves the renting of state-run property such as the airport apron, the runways, the aircraft parking areas and so on; the whole set’s balance sheet value has been estimated to come to 397,285,629 RUR. ‘The airport’s rental rates haven’t changed since the 90s, which means they really must be

According to the Central Bank of Russia, volume of loans given by UralFinPromBank to for-profit self-regulatory organizations for 91 to 180 days went down by 26% (from 273.794 million RUR to 202.591 million RUR) in January-March 2008.

URSA Bank’s balance sheet total doubled over the first quarter of 2008 and amounted to 292.2 billion RUR; the bank’s net assets (calculated in accordance with Interfax’s standards) rose by 1.9 times and reached 202.4 billion RUR in January-March 2008. URSA Bank’s own funds increased by 2.1 times and came to 25.8 billion RUR on April 1, 2008, which is 13.3 billion RUR better than a quarter earlier. The bank’s loan portfolio grew by 58.2% and came to 119.1 billion RUR: the company’s retail loan portfolio went up by 90%, reaching 62.3 billion RUR, while the business loan portfolio rose by 34%