A number of Bank Severnaya Kazna’s shareholders sold portions of the shares they had. Ural Avia’s share decreased from 21.71425 % to 19.54177 %; Bank Severnaya Kazna Supervisory Board member Leonid Bratzev reduced his share from .81200 % to .73076 %; Bank Severnaya Kazna BOD member Vladimir Veselov’s share went down from .08294 % to .07464%; Bank Severnaya Kazna Supervisory Board member Roman Vitkovskiy reduced his share from .36036 % to .32431 %; Bank Severnaya Kazna Supervisory Board member and Chairman Andrei Volchik reduced his share from 1.68733 % to 1.51851%; Bank Severnaya Kazna BOD

According to the Central Bank of Russia, volume of loans given by Uralfinance to for-profit self-regulatory organizations for 31 to 90 days went down by 74.51% (from 53.95 million RUR to 13.75 million RUR) in January-May 2008.

According to the local public prosecution authorities’ transport department, 726 people were injured at Sverdlovsk Region Railways and South Ural Railways in 2007. This includes 405 fatal accidents. 185 people were injured in the first quarter of 2008, which exceeds the figures for a year earlier by 17%. ‘One of the reasons for non-industrial injuries is the failure of transport enterprises to take the necessary accident-preventive measures as well as the fact that they often maintain the platforms and the pedestrian crossings and decks very poorly. To make matters worse, guard rails and

One of ChTPZ Complex Pipe Systems’ plants based in Magnitogorsk has been successfully audited by QS Azia Sertik (based in Alma-Ata, Kazakhstan) and proved the compliance of its quality management system with the ST RK ISO 9001-2001 standards. The above-mentioned standard has been adopted by the Republic of Kazakhstan as the official state standard and is based on the international ISO 9001:2000 one. ‘The fact that the enterprise’s produce met the Kazakh official standards greatly facilitated the signing of the contract that makes ChTPZ Complex Pipe Systems the supplier of component parts for

Central Bank of Russia reports volume of loans given by UniCreditBank to local governments and Russian Federation subjects’ finance bodies for 91 to 180 days plummeted by 100% (from 14 million RUR to zero) in January-May 2008.

The share of Bank Severnaya Kazna’s BOD Chairman Vladimir Frolov in the company’s authorized capital went down from 25% to 22.49878% of the bank’s ordinary shares. At the same time, East Capital Explorer Financial Institution Fund AB now owns 10.00486% of the bank’s ordinary shares instead of none.

Yekaterinburg-based More Travel was excluded from the United Federal Register of tour operators. The decree to this extent has recently been signed by head of the Federal Tourism Agency (aka Rostourism) V. Strzhalkovskiy.

Ural Treasures Bank has recently offered its customers some new types of deposits. The Universal deposit is valid for 367 days; the customer can withdraw part of the money from their deposit provided the minimum deposit amount is left in the account. Besides, the deposit agreement may be called off earlier (the interest rates will then be determined on the basis of the bank’s early-termination interest rate scale), the bank’s press officer reports. The Savings deposit gives one a chance to plan the deposit period in between 91 and 732 days. The interest rate remains the same throughout the

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Sverdlovsk Gubernskiy Bank valid for up to 30 days dropped by 64.28% (from 14 million RUR to 5 million RUR) in January-April 2008.

‘I should say that every once in a while, some old-time investment companies actually close down after all. Iset-Invest would not be the only example of this. I would assume that the recent annulment of the license of a professional securities market player has to do with the proprietors’ decision not to go on working in the current fiercely competitive environment. Modestly-sized provincial investment companies find it increasingly difficult to stay on the market, and this market’s opportunities are not the best for the local players (that is, for about a quarter of all investment