‘The drop in the number of investors or the amount of investments in the project on the industrial development of the northern parts of the Urals (known as The Industrial Urals-The Polar Urals) is quite possible,’ says Finam Management’s leading expert Dmitriy Baranov. ‘The regional budget’s subsidies might go down, but this project is important for Ural Federal District, so the member regions might ask the federal authorities to allocate more money for its implementation in exchange for a share in the future profit,’ he adds.

SKB-Bank’s BOD Chairman Vladimir Pukhov replied to the earlier address of V.N. Frolov, BOD Chairman of Bank Severnaya Kazna. ‘Dear customers and partners: Bank Severnaya Kazna’s official website featured the Chairman’s address to the customers on October 14, 2008. His message was that the provincial banks had some clear and fair ways of settling money matters with its customers and therefore imposed certain limits on deposits that people want to close before the end of the deposit period. I, on my part, can say that SKB-Bank keeps working as usual and no emergency measures or limits have been

The Ural Bank for Reconstruction and Development has increased the number of bank cards it issues by 29% since the beginning of the year, so this now came to 518,466,000. ‘This quick increase in the number of bank cards can be explained by our having a broad subsidiary network and plenty of ATMs in many Russian regions as well as a balanced promotion policy. The bank keeps on introducing additional bank card options and launches new products and services. In addition, we are trying to be in the wake of global trends and so are starting to switch to chip-based MasterCard items with a new

‘Even though Russia’s financial system is struggling with the liquidity crisis, the Ural Bank for Reconstruction and Development carries out all the payment transactions for its business customers speedily and smoothly and in compliance with the existing bank-customer agreements. The scale of our business is in itself a guarantee of reliable and stable operation. Just like before, the standard settlement and cash service agreement provides for commission-free transfer of money into a customer’s account within fifteen minutes of the sum getting in the bank’s correspondent account. The

Ural Airlines reduced the fuel fees for chartered flights the carrier operates to Hurghada and Sharm El Sheikh due to the jet fuel getting cheaper. As far as Yekaterinburg-Hurghada and Yekaterinburg-Sharm El Sheikh flights are concerned, the fuel fee will drop by 24% and will reach $19.5 per passenger ($29 for A320 and Tu154 M airplanes, $10 for IL 86 aircraft) instead of the former $25.5. In terms of flights that take off in Perm, the fuel fee has gone down by 12.5% and now comes to $28, the airline’s press officer reports. In addition, the company reduced the fees for Yekaterinburg-Antalya