‘Mr. Gavriolvskiy simply deceived the Governor and all those also present at the moment. He said that we had been procrastinating the solution for two years, but, as it turned out at today’s meeting, this isn’t true. We only received his application in October 2008,’ the Minister for State Property Management Alexei Molotkov announced at a press conference in Yekaterinburg. The Minister actually referred to the report Andrei Gavrilovskiy (who is currently putting up the third section of Antey Business Center in Yekaterinburg) made at a recent meeting chaired by the Governor of Sverdlovsk

Sverdlovsk Region’s division of Federal Antimonopoly Service found Uralsib’s Yekaterinburg branch guilty of an administrative violation and imposed a 40,000-ruble fine on the offender, the spokesperson for the Service’s regional division reports. Sverdlovsk Region’s division of Federal Antimonopoly Service placed its claim against Uralsib with the court on August 1, 2008 after the Service’s committee detected that Uralsib had been using unsuitable advertisements throughout Sverdlovsk Region’s cities and towns. The advert in question had to do with the bank’s Mortgage offer and apparently

UralBusinessConsulting Agency of Information and Analytics has recently found out that Bank24.ru’s additional office located at 29 Malyshev St. might soon close down. In the meantime, the bank’s Chairman Sergey Lapshin has earlier announced via Bank24.ru’s official website that the bank seems to run too many additional offices, which is why they might cut down on their number.

URSA Bank came up with a performance report for 2008 (based on the Russian Accounting Standards). The bank’s balance sheet profit came to 3.7 billion RUR on January 1, 2009, which was 1.1 times better than a year earlier. URSA Bank’s net assets amounted to 213.4 billion RUR on the first day of this year, which exceeded the figures for January 1, 2008 by over 1.2 times. The volume of customers’ investments rose by 1.2 times and reached 62.2 billion RUR last year, largely due to the growing business customers’ fixed term deposits. The private customers’ deposit volume amounted to 36.8 billion

‘It’s impossible to improve on production without solving all the internal problems Uralmash Machine-Building Corporation is struggling with. We’ve got problems with discipline, negligence, theft, and lots of inefficient departments,’ Uralmash Machine-Building Corporation’s General Director Nazim Efendiev said at his meeting with the enterprise’s trade union representatives. ‘When it came to upgrading our machining departments, it became obvious that our experts are not very well informed about the equipment available on the market at the moment; nor do they know how to do the upgrading right