‘Uralsvyazinform’s falling stock prices have to do with the general market downfall. Besides, most telecommunication providers have recently been affected by the official statements that denied any possibility of Svyazinvest’s near privatization,’ FINAM Investment Company’s analyst Tatiana Menkova said to UrBC. The stock market has gone through another major decline recently when RTS and MICEX indices fell by 7.51% down to 1,395.11 points and by 9.08% down to 1,158.07 points, respectively. Uralsvyazinform’s shares lost more or less the most, dropping by 12.5% by the end of the day. RTS ended

Central Bank of Russia reports volume of loans given by Bank24.ru to private individuals for 91 to 180 days dropped by 92.55% (from 1.745 million RUR to 130,000 RUR) in January-August 2008.

This year, Eurasian Fashion Week’s coordinators are counting on coming of fashion designers from Kyrgyzstan, Tajikistan, Uzbekistan, and the People’s Republic of China, the Shanghai Cooperation Organization Support Center’s official site (known as Yekaterinburg 2009) informs the readers. ‘The event coordinators believe the participants will be given a great chance to reveal their full potential both within and outside their home countries,’ the site states. Eurasian Fashion Week is actually the new version of the older (and more universally recognized) Ural Fashion Week. Yekaterinburg is to

‘Novosibirsk municipal council insists on disassembling the billboards Baltika Beer Company had installed on the roof of their production facility and next to the premises of their plant. The council believes that since these billboards bear only the company’s logo rather that the full name, the working hours and the actual address, they should be seen as advertisements rather than simple signs. This is therefore a violation of the federal advertising legislation, the council says,’ states News Outdoor, the online magazine. ‘The Federal Antimonopoly Service’s Novosibirsk Committee confirmed

Central Bank of Russia reports volume of loans given by UralFinPromBank to private individuals for up to 30 days plummeted by 100% (from 38.85 million RUR to zero) in January-August 2008.

According to the Central Bank of Russia, volume of loans given by Uralprivatbank to sole traders for 181 days to 1 year went down by 15.55% (from 32.826 million RUR to 27.720 million RUR) in January-August 2008.

Western Union, one of the oldest money order systems there is, came up with a list of countries in the near abroad where people send money most often and offered reduced fees on them, SKB-Bank’s PR Department reports. The list includes Armenia, Azerbaijan, Georgia, and Ukraine. Having looked into the figures, Western Union both decreased the commission it charges on a money order and took them off the list of countries of the far abroad. Kyrgyzstan was also reported to be one of the major money order receivers among the former Soviet republics. The system’s analysts even created a special

According to the Central Bank of Russia, volume of loans given by Bank Uralfinance to non-state for-profit organizations for 31 to 90 days dropped by 70.34% (from 53.95 million RUR to 16 million RUR) in January-August 2008.

Central Bank of Russia reports volume of loans given by TagilBank to non-state for-profit organizations for 91 to 180 days went down by 91.12% (from 11.94 million RUR to 1.06 million RUR) in January-August 2008.

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to non-state for-profit organizations for 31 to 90 days plummeted by 99.27% (from 38 million RUR to 275,000 RUR) in January-August 2008.

The company’s unique plate mill 5000 is now being assembled at Magnitogorsk Iron & Steel Works (MMK). The enterprise signed a contract with the German SMS-DEMAG regarding the delivery of all the equipment needed to put up the mill and a CC machine in 2006, and once the mill has been launched, MMK will be able to produce the highly profitable plate iron (up to 4,850 millimeters in width) for the O&G industry, ship-, bridge-, and machine-building. The company’s plate mill is normally most popular with manufacturers of large-diameter pipes as well. Plate mill 5000 will be capable of