Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to sole traders for 181 days to 1 year dropped by 21.38% (from 9.081 million RUR to 7.139 million RUR) in January-May 2008.

The Federal Environmental Management Surveillance Committee and Sverdlovsk Region and Ural Federal District’s divisions of Rosprirodnadzor (the state environmental watchdog) carried out a scheduled inspection of Uralelectromed (a Pyshma-based copper enterprise) between May 19, 2008 and June 18, 2008, the spokesperson for Ural Federal District’s division of Rosprirodnadzor reports. In the course of the inspection, twenty-four violations of existing environmental legislation were detected, including eleven offenses related to subsoil resource management and thirteen violations related to water

According to the Central Bank of Russia, volume of loans given by SberInvestBank to for-profit self-regulatory organizations for 1 to 3 years went down by 29.22% (from 95.393 million RUR to 67.515 million RUR) in January-May 2008.

Sverdlovsk Region’s coordinating committee for transport and logistics’ recent meeting was devoted to some large-scale projects currently implemented within the region. The meeting was attended by First Deputy Head of Sverdlovsk Region Government and Minister for Industry and Science Anatoly Gredin and heads of the region’s leading transport and logistics companies. The construction of Euro-Asian international logistics center was seen as one of the region’s most promising projects. Some applications for the federal budget money (allocated within the framework of the federal project on

Governor of Sverdlovsk Region Eduard Rossel met a delegation of officials from the Democratic Republic of Congo on July 7, 2008. Congo’s Ambassador Extraordinary and Plenipotentiary to Russia and Senator Leonard She Okitundu were among the delegation members. The Congolese officials arrived in Yekaterinburg in order to set up Congo’s Honorary Consulate in the city. In the course of the meeting, Governor Eduard Rossel said Sverdlovsk Region had a well-developed industrial infrastructure and could therefore make excellent use of raw materials Congo is rich in.

‘We keep on developing our mortgage lending sector and have recently reviewed our products’ standards in terms of risks and borrower requirements. URSA Bank decreased the cost of its mortgages by 2% in June 2008, so now if you take a mortgage for three to thirty years and make a 10% down payment, the average annual interest rate will amount to 15%. One can apply for anything between 100,000 RUR and 15 million RUR,’ URSA Bank’s Ural branch’s Vice President Alexei Sannikov says. ‘We managed to make the interest rate go down due to the loan financing becoming less expensive; for one, we borrowed

Workers of Pervouralsk New Pipe Plant’s OCTG shop are currently busy upgrading their Bracker hydraulic press meant for testing pipes under pressure. This upgrading project is part of the company’s investment program for 2008, for which 27.8 million RUR have been provided, the spokesperson for ChTPZ Group (which Pervouralsk New Pipe Plant is a member of) reported to UrBC. The upgrading project is to be implemented in two stages. First, a new hydraulic power station will be installed and launched, and then the high-pressure units will be replaced in order to avoid any hydraulic impact during

Central Bank of Russia reports volume of loans given by Bank Uralfinance to Russian subjects’ financial bodies and local governments for 91 to 180 days went down by 41.76% (from 5 million RUR to 2.912 million RUR) in January-May 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 33.22% (from 92.8 million RUR to 61.965 million RUR) in January-May 2008.

Ural Bank for Reconstruction and Development-Finance made 25.55 million RUR worth of coupon payments on the second bond issue’s eighth coupon. 25.55 RUR was paid for every bond with face value of 1,000 RUR. Ural Bank for Reconstruction and Development-Finance is the Ural Bank for Reconstruction and Development’s full daughter enterprise. The company is going to launch an offer on its bonds after the eighth coupon yield is paid on July 10, 2008. The bonds are to be retired on July 2, 2009. According to the issuer’s decision, the interest rate for the ninth, tenth, eleventh, and twelfth coupon