The Federal Antimonopoly Service of the Russian Federation intends to contest the court’s ruling regarding the case of TNK-BP Holding. The oil company was accused of violating the competition protection laws but was later acquitted by the court due to a number of legal precedents that had been favorable for the oil companies. Tyumen Region Arbitration Court agreed with TNK-BP that the FAS’s orders had been illegal and also declared the administrative fine imposed on the company for abuse of its dominant position on the oil wholesale market illegitimate. The Federal Antimonopoly Service,

Former First Deputy Head of Sverdlovsk Region Government and Minister for Industry and Science Anatoly Gredin has recently been appointed Head of Sverdlovsk Region Government. The new Head is fifty-three years old. He graduated from Ural Electromechanical Institute of Railway Engineers in 1978 with a degree in Transport Routes Engineering & Railway Maintenance. Anatoly Gredin started working at Sverdlovsk Region Railways in 1978 as Ugleuralskaya station duty officer and was then promoted to switching dispatcher, chief engineer, head of Chusovskaya station, department director of

The current PR Director of Pipe Metallurgical Company (TMK) Alexei Sotskov might become the spokesperson for Governor of Sverdlovsk Region Alexander Misharin. However, the news has not been officially confirmed yet. Alexei Sotskov was born in 1979. He graduated from the Department of Journalism of Ural State University and worked at Regional Television. After moving to Moscow, he held positions in Mechel and TMK.

‘The Russian banking business grows 1.5 times more rapidly in the provinces than it does in Moscow. In the Urals, for example, our business development rate is 2.4 times faster than the bank’s average. In Yekaterinburg, the growth rate is actually 3.6 times faster than the bank’s average. In fact, our Yekaterinburg segment is responsible for nearly a half of Bank VTB 24 deposit portfolio in Sverdlovsk Region. This segment’s share of the regional deposit portfolio has gone up by one-third since the recession began,’ Deputy President and Deputy Chairman of Bank VTB 24 Supervisory Board

Bank Severnaya Kazna (the asset of Alfa-Bank) introduced some fines for its business customers. The first fines were actually launched as early as October 2009 but it was only after they got their bank statements that the customers found out that the cost of account maintenance and account transactions had increased considerably. According to the bank’s official website news, the maintenance of type B account (which means the customer must bring paper copies of all the payment documents to the bank) now costs 10,000 RUR for all companies that use the bank’s services. The price holds as long