Chelyabinsk Tube Rolling Plant and Pervouralsk New Pipe Plant (ChTPZ Group’s largest tube and pipe manufacturers) supplied their consumers with 1.27 million tons of tubular goods in January-September 2008, which falls short of the figures for a year earlier by 13%. ChTPZ sold 675,800 tons of tubes and pipes in the nine months of the year, which falls short of the figures for a year earlier (that is, 803,800 tons) by 16%. These figures include a 28% drop in the amount of large-diameter pipes: this came to 319,800 tons compared with 444,000 tons of LDPs in January-September 2007. Chelyabinsk

RBC.Rating came up with this year’s list of Russian banks with the most developed subsidiary network. The Ural Bank for Reconstruction and Development was featured on the list as usual. This is in fact Ural Federal District’s largest bank in terms of the number of subsidiaries that was given the 21st position in the national rating. RosBusinessConsulting’s experts report the bank ran 161 outlets (including subsidiaries, additional offices, POS terminals, etc) on July 1, 2008, the spokesperson for the Ural Bank for Reconstruction and Development reports. ‘The bank does better and better every

The construction of Europe Trade and Business Center is no longer as speedy as it once used to be, PRED Group’s General Director Vyacheslav Talashmanov said in the interview he gave to Yekaterinburg magazine. The building is currently being put up right in the heart of Yekaterinburg in Vainer St.-Lenin Ave.-Uritskiy St. and PRED Group is actually the project’s management company. Vyacheslav Talashmanov says the construction process started to drag on because the new concept of the shopping area has been introduced. ‘The decision to change some things about the shopping zone was made in July

Allianz ROSNO Life, the insurance company, has recently set up a network of regional front offices in order to make its regional network’s performance more efficient and to improve on its business processes. The company’s top executives set up the regional offices’ territorial boundaries and appointed their directors. Allianz ROSNO Life’s first Ural Federal District-based office was introduced in Tyumen in 2005. The Ural front office now comprises the company’s Tyumen subsidiary and four agencies in Yekaterinburg, Kurgan, Magnitogorsk, and Chelyabinsk. The office (as well as Tyumen

Bank Severnaya Kazna cashed in 198 million RUR worth of customers’ deposits on October 13, 2008, the bank’s official forum states. This came to about 1% of the total volume of private individuals’ investments in the bank, as the private customers’ deposit volume totaled to 20,641,069,000 RUR on September 1, 2008. Nevertheless, the bank’s employees report the bank keeps up with its business as usual and the withdrawal of nearly 200 million RUR is not a problem.

UralTransBank’s Risk and Liquidity Management Director Elena Kozlovskaya no longer has a share in the company’s authorized capital. Her share used to come to .14%.

Bank24.ru had to impose certain fines for private customers who want to cash their deposits in before the end of the deposit period. The fee is imposed on private individuals who want to withdraw more than 50,000 RUR and comes to 10% of the sum that exceeds the 50,000-ruble limit, the bank’s customers told UralBusinessConsulting Agency of Information and Analytics. The bank’s employees explain the main idea behind this commission is to stop the dramatic money outflow. As a matter of fact, the bank has only been cashing its deposits by previous appointment (which has to be made a week in

METCOMBANK offered its customers two new deposit schemes on October 13, 2008. These are METCOM Profitable and METCOM Progressive. The latter provides for the best profit and the lowest risk. You have to deposit at least 10,000 RUR and can always top up your account, the bank’s press officer explains. The interest is capitalized every fifteen days, so every fifteen days this interest is increased and thus rises from 8.5% a year at the beginning to 16% a year at the end of the deposit period. The recommended deposit period comes to 375 days. The former is unique in that the interest rate comes

Sberbank of Russia’s Ural branch has been able to attract more than 149 billion RUR worth of private customers’ investments by now, with 20.3 billion RUR placed with the bank in January-September 2008 alone. The ruble deposits made up the lion’s share of all investments and amounted to 17.3 billion RUR, while the foreign currency deposits only rose by 2.9 billion RUR in nine months of 2009, the bank’s press officer reports. ‘This stable growth in the amount of investments means that people see a bank deposit as one of the most attractive ways of investing money. Buying shares or real estate

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 85.07% (from 21.44 million RUR to 3.2 million RUR) in January-September 2008.

Moscow, 14 October 2008 — UC RUSAL, which owns a 25% plus two shares stake in Norilsk Nickel, љis issuing this statement to raise its concerns about the announced purchases of a number of assets by љa Norilsk Nickel subsidiary from Vladimir Potanin, the shareholder controlling the company, as well as about financial situation of Norilsk Nickel in general. The decision to purchase the assets worth more than USD 600 mln from the shareholder controlling the company was taken without discussions with other shareholders or Board of Directors. This decision as well as buyback of Norilsk Nickel’s