Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in UralTransBank valid for 181 days to 1 year went down by 48.76% (from 119.922 million RUR to 61.446 million RUR) in January-April 2008.

‘Deposit Clearing Company (DCC) is one of this company’s large nominee shareholders that takes part in RTS trading,’ says Accord Invest’s Deputy GD Konstantin Selyanin. The stock of ordinary shares of Urals Interregional Network Company (MRSK) owned by Deposit and Corporate Technologies has recently dropped from 100% to 51.51%, while DCC acquired a 31.7924% shareholding on May 26, 2008. ‘It’s obvious, though, that in this case it’s not DCC that owns these 31.7924% of MRSK’s shares, these are some other entities, probably the management or key stockholders of MRSK itself. At the same time, DCC

According to the Federal State Statistics Service’s regional division, Sverdlovsk Region’s industrial production index for the first four months of 2008 exceeded the figures for January-April 2007 by 7.1%, while the producer price index for commodity goods and the consumer price index went up by 14.1% and 7.5%, respectively, compared to a year earlier.

Central Bank of Russia reports volume of loans given by Khanty-Mansiyskiy Autonomous Bank to sole traders for 91 to 180 days decreased by 25.46% (from 32.779 million RUR to 24.433 million RUR) in January-April 2008.

‘Uralmash Machine-Building Corporation and Uralmash Drilling Equipment are two different enterprises. The latter is not Uralmashzavod’s legal representative and is not empowered to represent the plant on the drilling equipment market. This is why Uralmashzavod cannot be held responsible for Uralmash Drilling Equipment’s performance, its terms of delivery and the quality of its products,’ the spokesperson for Uralmash Machine-Building Corporation said to UrBC. ‘Uralmash Machine-Building Corporation was set up a year ago on the basis of two large enterprises: Uralmashzavod and ORMETO-YUMZ Heavy

The estimated value of share of BCS – Metallurgical Fund (the unit investment trust run by BCS Management Company) went down by 2.46%, dropping from 1,514.31 RUR on May 22, 2008 to 1,477.13 RUR on May 23, 2008. At the same time, the unit’s net assets decreased by 2.44%.

SKB-Bank’s Board of Directors decided to set up a number of representations in Irkutsk, Krasnoyarsk, Nizhniy Novgorod, Ufa, Novokuznetsk, and Lipetsk.

Russian Transport 2008, the international forum, was held in Sochi on May 22-24, 2008. Ural Airlines’ General Director Sergey Skuratov took part in the event. The forum was dedicated to the country’s transport’s development directions, new transport projects, and analysis of current problems, the airline’s press officer reports. Head of the Federal Air Transport Agency Evgeniy Bachurin said in the course of the forum that their branch was developing rather rapidly at the moment, despite certain problems and the need to introduce more domestic flights and upgrade the aircraft. The forum

The construction of Nakhimov Plaza, a trade and office center at 9 Vainer St. in Yekaterinburg may take longer than expected. According to the builder, that is, to Aston’s Chairman Vyacheslav Trapeznikov, the technical commissioning of the center was scheduled for June 2008. At the same time, the chairman admitted that the bearing carcass structure had been completed only two months before, the façade had been finished by 60%, and the interior finishing had barely started. And, according to the billboard next to the construction site, the original commissioning deadline was determined at the

According to the Central Bank of Russia, volume of private individuals’ demand deposits and investments in Tyumenenergobank dropped by 39.22% (from 69.603 million RUR to 42.299 million RUR) in January-April 2008.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in VUZ Bank valid for 181 days to 1 year went down by 27.15% (from 486.882 million RUR to 354.651 million RUR) in January-April 2008.

SKB-Bank has recently introduced a new vacancy known as a Credit Agent. Once you become the bank’s credit agent, you get a commission for any loan that the bank was able to issue thanks to you. Your commission depends on the type of loan a customer has applied for. The bank offers the position to private individuals whose job involves interacting with plenty of people (like managers, HR department workers, trade union leaders, and the like) and any active and energetic people who are prepared to work hard and who’d like to expand their professional horizons. This is how the scheme works: a

URSA Bank and the European Bank for Reconstruction and Development signed a revolving credit line agreement as part of their trade financing program. The agreement was signed during the European Bank for Reconstruction and Development’s annual meeting that was held in Kiev on May 18-19, 2008, the bank’s press officer reports. Based on this new contract, URSA Bank can get at least 60 million RUR (to be returned within five years’ time) to finance trade fixtures. The bank has already had a few similar agreements before, but this is their only agreement with the European Bank for Reconstruction

UralBusinessConsulting’s West-Siberian branch started operating on May 1, 2008. The new office caters for news coverage of three Russian Federation subjects, that is, Tyumen Region, Khanty-Mansiyskiy Autonomous Region (Yugra), and Yamalo-Nenetskiy Autonomous Region. The agency’s West-Siberian branch provides news updates regarding the three regions based on the technologies that had been created and time-tested by UralBusinessConsulting over the seven years the latter has been operating on the Urals’ business information market. The data are freely available from both the new office’s

The recent research conducted by the National Agency of Financial Research (NAFI) on the availability of financial products and services for Russian businesses involved 2,200 respondents; these companies were asked to comment on how easy they feel it is for a startup company to get a bank loan provided they only have a good business plan and no collateral. Over a half of those surveyed said this would be difficult or extremely difficult. Only a quarter of respondents felt it was quite painless for a startup to get a loan. The respondents also said a business’s geographical location mattered a

The customs officers of Yekaterinburg-based Koltsovo airport and the representatives of Federal Security Service’s Frontier Service in Chelyabinsk Region managed to prevent the illegal export of a large amount of cash from Russia. As the passengers of Yekaterinburg-Prague flight were going through the customs formalities, a Russian citizen turned out to have ?9,200, $7,000, 750 CZK and 19,600 RUR on her; this money was never indicated in the passenger’s customs declaration. The total sum of undeclared cash exceeded 527,000 RUR, which means the woman was trying to smuggle a large amount of

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to private individuals for 181 days to 1 year plummeted by 87.28% (from 9.206 million RUR to 1.171 million RUR) in January-April 2008.

According to the Central Bank of Russia, volume of for-profit self-regulatory organizations’ deposits in SberInvestBank valid for up to 30 days dropped by 95% (from 200 million RUR to 10 million RUR) in January-April 2008.

Aston, the local developer, has not been able to commission any of its buildings under construction yet. According to the builder’s official website, the second section of Aston Park (a nineteen-storey apartment block at 14 Kunarskaya St.) is to be commissioned in the first quarter of 2009, Aquarelle (a seventeen-storey apartment building at 115 Sofya Perovskaya St.) is to be commissioned in the first quarter of 2010, and Athena (a twelve-storey apartment building) is to be commissioned in the third quarter of 2009. At the same time, the commissioning of the building Aston is expected to

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Sverdlovsk Gubernskiy Bank valid for 1 to 3 years went down by 63.48% (from 8.188 million RUR to 2.99 million RUR) in January-April 2008.