Governor of Chelyabinsk Region Petr Sumin discussed last week’s achievements with his deputies and set the goals for the coming week. He was quite satisfied with Deputy Governor Yuri Klepov’s announcement that the regional wage arrears had gone down by 20 million RUR. Besides, a few local enterprises called off their applications placed with the employment service regarding 535 prospective redundancies. Then, the Russian Federation Ministry of Regional Development agreed to provide the region with 900 million RUR (directed from the federal budget) needed to relocate people living in slum

‘Intourist Travel Shop (Intourist’s 100% daughter enterprise) has nearly completed the acquisition of Yekaterinburg-based Rosstour’s 51% shareholding. Even though the transaction is not fully through yet, the principal decision has already been made and finalized, the spokeswoman for Intourist Yulia Krylova said to an UrBC reporter. ‘The purchase of Rosstour’s network will allow Intourist Travel Shop to improve on its retail sales and thus building up Intourist’s share of the Ural market,’ she explained. Rosstour runs twenty-one own offices and four franchising-based ones at the moment. ‘We

‘Some businesses closely connected with Probusinessbank bought over 90% of Bank24.ru’s shares, of which 20% were acquired by Probusinessbank itself and the remaining amount by the other members of Life Group,’ Probusinessbank’s Vice President Grigory Galitskikh says. ‘The transaction was carried out in the early hours of December 5, 2008. The trilateral agreement, the third party being the Deposit Insurance Agency, had been signed the day before. The decision regarding the bank’s capital was made by the bank’s BOD,’ he adds. ‘The bank is to join Life Group. The future of Bank24.ru’s brand and

The Deposit Insurance Agency reports a loss occurrence regarding Tyumenenergobank starting December 4, 2008. Tyumenenergobank’s provisional administration has started working on the list of the bank’s liabilities involving its depositors. The list will be placed with the Deposit Insurance Agency within seven days of the bank’s license being annulled. Then, the agency is to publish the information regarding the place, time, and format of placing applications for compensation within seven days of getting this list. The news will be announced via the Bank of Russia Bulletin, the local press, and

Central Bank of Russia reports volume of private individuals’ deposits and other investments in Tagilbank valid for 31 to 90 days went down by 36.41% (from 20.546 million RUR to 13.064 million RUR) in October 2008.

SKB-Bank’s bonds (state file number 40100705B) have been included in the Bank of Russia’s Lombard List. This inclusion signifies the Bank of Russia’s recognition of SKB-Bank’s stock’s quality. The Central Bank of Russia reports the inclusion criteria are based on the compliance of the issuer’s rating obtained from at least one of the foreign agencies (Standard & Poor's, Fitch Ratings or Moody's Investors Service) with that determined by the Bank of Russia, the bank’s press officer reports. ‘This means that the Bank of Russia gives a very favorable assessment of SKB-Bank’s bonds