The Byelorussian delegation managed to achieve a lot and to make plenty of interesting proposals during their visit to Chelyabinsk Region, Governor of Chelyabinsk Region Petr Sumin said after meeting the Byelorussian officials. The delegation consisted of the Ministries of Industry and Trade’s representatives and heads of Byelorussia’s leading enterprises. The group of officials was headed by Trade Minister Valentin Chekanov. During their stay, they visited the region’s enterprises in order to build up on the existing ties and to find the new ways of mutually beneficial cooperation.

Moskommerzbank Commercial Bank had to make some changes in its Charter after closing its subsidiarires in Tyumen and Chelyabinsk. In accordance with these changes, the bank now runs branches in nine Russian Federation constituencies, with no subsidiaries whatsoever in Ural Federal District.

‘Vodyanoy hasn’t been faced with any specific claims so far. We did act as a guarantor of STKS at the time, so all the problems might have stemmed from this company’s possible debts,’ Director of Vodyanoy chain store Alexander Mokhov said to an UrBC reporter. Meanwhile, Sverdlovsk Region Arbitration Court is now looking into the claim laid by UniCreditBank against STKS-Nedvizhimost and Vodyanoy, insisting that the defendants should pay them 163,205,903.41 RUR and on having the defendants’ mortgaged property arrested. The preliminary hearing has been scheduled for June 8, 2009. ‘I’m not sure

The threat of 24,000 redundancies will probably make the workers of Nizhniy Tagil-based Uralvagonzavod appeal to Head of Russian Federation Government Vladimir Putin, Trud says in the report on the country’s so-called only enterprise-based towns like Pikalevo, Baikalsk, Zlatoust, and some others. According to the newspaper, 17,500 of the plant’s workers are still being put on forced leaves.

‘Uralstroy-1 application for the start of bankruptcy proceedings was placed with the court by Uraltverdosplav, to whom the former owes about 4.5 million RUR. The company was assigned a trustee in bankruptcy for six months, which is the longest period provided by the law for the proceedings of such sort. However, these six months should be enough for us to finish our latest housing project known as Vysokiy Bereg,’ the General Director of Verdict Debt Collector Agency Eduard Demyanov explained to UrBC. ‘I found out that head of Uralstroy-1 Sergey Sorokin has a villa in Canada (which he was

URSA Bank fully retired its third three-million-ruble bond issue on June 4, 2009 and made 143.61 million RUR worth of coupon payments on the issue, with interest rate determined at 9.6% a year (which thus amounted to 47.87 RUR per bond), the bank’s press service reports. URSA Bank launched this three-million-ruble bond issue on June 8, 2006; the bonds were to be in circulation for three years. The issue was coordinated by Gazprombank and Citibank.